It is predicted that the demand for lighting chips in 2014 will exceed the backlight source and become the largest application in the industry. Since 2013, with the gradual start of the lighting market, the LED market has accelerated. The annual output value reached 12.4 billion US dollars, and the growth rate reached 17.2014. The industrial growth rate is further accelerated. The annual output value is expected to reach 17.8 billion US dollars. Xu Wenhui believes that since the penetration rate of LEDs in the backlight field has exceeded 90, and the penetration rate in the lighting market is only 7, the main growth space in the future is in the field of lighting. According to DisplaySearch's forecast, in 2014, the demand for lighting chips will exceed the backlight, becoming the industry's largest application. The main driving force of the previous LED boom cycle is the demand for LCD backlights. Backlight products have high technical requirements. The United States, Japan, South Korea and Taiwanese companies will focus on the high-tech, profitable backlight market. In contrast, mainland China enterprises have limited technology accumulation and mainly accept display screen overflows. Type orders, the industry status is relatively marginalized. Xu Wenhui said that the main factor in the current round of LED demand recovery is lighting. Lighting products' requirements for LED chip technology are generally lower than that of backlights. In the past few years, domestic LED chip leading enterprises have made significant progress in technology through R&D investment and talent introduction.
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