Nichia’s Developments for Micro-LED and Other Lighting Technologies in 2017

The slowdown in LED backlight market including smartphone displays continued to trend on into 2016 that even top player in the industry Nichia is looking beyond this particular market sector in its 2017 roadmap. Offset by oversupply and cutthroat price wars in 2015, LED backlight market competition remains intense and the market decreased steadily, by the start of 2016 growing number of LED manufacturers started to look into other niche lighting market applications, such as automotive lighting, UV LED, IR LED, and others.