Taiwan's LED output value increased to 33.6 billion yuan in 2015

Taiwan’s Minister of Economy Deng Zhenzhong recently visited Taiwan’s LED Lighting Industry Alliance and Longda Electronics. The chairman of the alliance and the chairman of Longda, Su Fengzheng, said that the LED component industry will grow to 5.4 billion US dollars this year (equivalent to about 33.636 billion yuan). Increased by more than 2 digits per year.

Su Feng said in the meeting that the LED output value of Taiwan in 2014 was about 4.7 billion US dollars (equivalent to about 29.275 billion yuan). In 2015, the LED component industry will continue to grow to 5.4 billion US dollars. In the future, LED lighting will not only become the dominant position of the entire LED optoelectronic industry, but also have a wide range of business opportunities such as automobiles, advertising billboards, UV, IR, architectural lighting, and plant lighting.

The technical level of all links in the middle and lower reaches of the LED industry in Taiwan is among the leading in the world. The industrial situation is that the upstream is the largest and the capital is concentrated; the downstream products are used in many applications, the capital is scattered, and the small and medium-sized manufacturers are alone.

Su Fengzheng pointed out that in the face of the international competition market and the pressure of the mainland's huge production capacity and low-priced products, the LED lighting industry alliance in Taiwan takes the implementation of international advanced countries such as Japan, the United States and Europe as an example. In the tariff system, LED subsidy measures, overseas marketing and other aspects, the industry is proposed to the minister to enhance the competitiveness and influence of the LED lighting industry in Taiwan.

Taiwan LED Lighting Industry Alliance was formally established in 2012. The three main objectives are “Creating Status, Standards, and Business Opportunities”. Members include leading, middle and lower-level LED companies, of which about 90% are LED downstream applications. The company includes a variety of applications such as indoor lighting applications, car lights, plant lights, street lights, architectural lighting, industrial lighting.

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