According to the High-tech LED Industry Research Institute (GLII), the total output value of China's LED industry in 2013 reached 263.8 billion yuan, a year-on-year increase of 28%. Among them, LED upstream epitaxial chip, midstream packaging, downstream application output value were 8.4 billion yuan, 47.3 billion yuan, 208.1 billion yuan, an increase of 17%, 19%, 31%.
The data shows that the LED industry has encountered an inflection point in 2013. At the same time, the first quarter has become a good start for the LED industry in 2014.
Authorities expect that the output value of China's LED lighting industry will increase by 58% in 2014, reaching 180 billion yuan. At the same time, public information shows that Taiwan's LED industry chain has a high degree of prosperity in the first quarter of this year, showing the phenomenon that the traditional industry is not weak in the off-season.
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