LED demand in the first half of 2009 will continue to be weak, the annual output value increased by only 9%

Recent global economic outlook is not good, demand greatly reduced. In the latest report of Morgan Stanley Securities pointed out that the LED industry to the first half of 2009 demand will remain weak, and the next 6 months, there are new challenges, including the industrial boom under repair, the lack of new applications to stimulate revenue growth, so the LED supply chain still maintain a cautious attitude.

Morgan Stanley said the mobile phone industry of science and technology, and consumer electronics demand rapid decline in LED industry will also be a drag on the global LED industry value is expected in 2009, annual growth rate of only 9%, far lower than previously expected 26%, including the application of NB, TV, LED and Blu ray LED although the new street lamps will increase overall but it is still difficult to make up the gap in demand. Weak demand situation in various industries all have occurred, no longer let the market surprise, but the problem is that in the future LED in the supply chain, it is also very likely danger and crisis test, including loss and inventory pressure will seriously second-line manufacturers in this wave of boom many cash shortage under the level of repair injured. However, in 2009 the NB LED backlight utilization rate will reach 28%. In addition, many basic market applications, including low temperature or interior decoration of the LED lights are expected to increase the exposure in 2009.