International
. After a 67% expansion in 2010, the LED supply chain appears to continue its rise, according to the latest IMS Reseach report.
In the quarterly document that measures the supply, demand, price and size of the LED market, this year's growth is forecast to reach 38%, driven, mostly, by the sale of televisions with an increase of 97%, followed by that of monitors and lighting in general, that would each reach 57% more than in the previous year.
According to Ross Young, senior vice president of IMS Research, "only the growth of LED lighting accelerated this first quarter of 2011 after a mediocre record in the second half of 2010, which was presented as a result of the excessive inventory of traditional panels that resulted in a reduction in LED panels, a case that did not happen for example with monitors and televisions."
The report reveals that during the fourth quarter of 2010 a benchmark such as China increased its share of participation from 31% to 64% while in Korea it fell from 27% to 5%. For this year the Chinese country is expected to continue its rise reaching about 70% as a result of a healthy movement in the MOCVD (metal organic chemical vapor deposition) market that feeds more than 1,000 tools to manufacturers.
"With a strong development in mocvd demand, it is intended that production capacity will also continue to grow rapidly," according to Young. "With an increasing number of lighting suppliers migrating to 6" wafers, as quantified in this report, there will be a great opportunity for those who provide them, thus maintaining a healthy price premium throughout 2011.
