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Taiwan 2012 LED revenues to surge to $6.8B

Driven by a high-growth market demand worldwide, Taiwan's LED industry revenues are likely to surge by 32 percent next year to reach $6.8 billion from this year's projected $5.2 billion revenues. This is double than last year's first-ever $3.4 billion turnover. According to Taiwan's Photonics Industry and Technology Development Association (PIDA), the high-growth market demand was driven by both government and private sector incentives in many countries to boost the use of energy-saving LED lighting.

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