Dec 27, 2017
The global LED output value was $ 143 . 2.5 billion , and the annual decline was 3% in 2015
According to the latest report by LEDinside, TrendForce’s Green Energy Unit, global LEDs (including visible and invisible light) industrial output declined for the first time in 2015. To $fourteen billion three hundred and twenty-five million, the annual recession reached 3%. The main reason for the LED manufacturers from the price competition, resulting in some mainstream specifications of LED average price decline as high as 40%; A strong appreciation of the dollar has also led to a decline in revenue for many LED firms after turning it into dollars.
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