LED Price for Backlight Application Slides in 3Q12

According to LEDinside, the LED research division of TrendForce, despite the rush orders during 2Q12 which kept LED chip and package makers’ utilization rates high, the 3Q12 outlook for LED backlight market turns murky due to the European debt crisis and the weak demand in China. No demand surge is in sight due to the weakened market confidence and the conservative attitude of LED companies. Whether or not brand vendors will cut orders in 3Q12 depends on the sales of end-market products.