The promising future of LEDs

“The LED market is a complex but promising market,” commented Pars Mukish, Business Unit Manager, LED, OLED and Sapphire at Yole Développement (Yole). In 2015, companies are not relying on more technical breakthroughs, except at the LED module level, where integration remains an important issue. “However, there is still overcapacity,” said Mukish. “This is causing many changes in the supply chain, first at the chip level, then at the module/system level. The spin-off Royal Philips announced in July 2014 of its LED business, which grew from its acquisition of Lumileds in 2005, is one example.”