Billion light company is expected this year will be strong growth in the LED Market

, chairman of LED, one of the leading manufacturers of RobertYeh, has an optimistic outlook for LED applications, with a CAGR of 75.2% between 2010 and LED

The penetration rate of large-size TV with LED backlight will rise from 07 in to 08 in, and more than 10% in 2011. The LED backlight penetration rate in the mid size panel will rise from 07 in to 08 in the year of 62%, and the related shipments will grow from about $853 million to $1 billion 23 million. LED backlight penetration in laptops will reach 15% this year.

The commercial LED lighting market will grow to $380 million from $180 million in 2007 and $680 million in 2009. LED street lights will rise from $3 billion 60 million in 2008 to $12 billion in 2009.

Billion light company will greatly increase the production of SMD LED reached 47%, from the end of, up to 680 million units in the first quarter of 2008, up to 1 billion units.

Source: China Lighting Trade Network