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LED Sales Have Dimmed, but Future Looks Brighter

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Michael A. Greenwood

Despite a lingering slowdown in the LED market that began last year, analysts see brighter days ahead as technological breakthroughs — employed in myriad new applications — spur future sales.  A recent study of the industry by the technology-research company iSuppli Corp. of El Segundo, Calif., shows that LED market growth dipped significantly in 2005, with a modest increase of 5.8 percent, or just under $5 billion in total revenue. That is far from the exhilarating pace just two years earlier when annual sales increased by almost 30 percent. There are several reasons for the sudden...Read full article

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    Published: November 2006
    Glossary
    diode
    A two-electrode device with an anode and a cathode that passes current in only one direction. It may be designed as an electron tube or as a semiconductor device.
    BusinessConsumerdiodeLED marketLight Sourceslight speedLEDs

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