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September 20, 2023
LED CHIP market reached billions sales volume as the main raw material of LED packaging. The demand for LED chip market has been further enhanced, with a year-on-year increase of 16% in the lighting market, so the market scale continues to expand. However, the continuous decline in prices of led chips has led to a growth rate of market revenue that is far less than the growth rate of demand. The performance of some chip makers not increasing revenues and increasing revenues without increasing profits also reflects this fact.
The price drop of led chips is obvious, and the market share of China's domestic chip revenue is slow. The LED chip market suppliers in China mainly include Chinese local manufacturers, Taiwanese manufacturers and international manufacturers. China's domestic chip manufacturers mainly include Sanan Optoelectronics, Tongfang Optoelectronics and Huacan Optoelectronics; Taiwanese manufacturers mainly include Jingyuan Optoelectronics, Yuyuan Optoelectronics and New Century; and international manufacturers are mainly Puri Optoelectronics of the United States.The above is the LED chips market continue to expand in China! we have listed for you. You can submit the following form to obtain more industry information we provide for you.
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