Growth In Handset LED Market To Slow In 2008

With 95% of handsets already utilizing LED backlighting, LED makers estimate that LED shipment growth will slow next year to a 10% range, a growth rate just slightly ahead of forecasted 9.1% growth for the overall global handset market, according to data from Digitimes Research. Market analysts expect LED shipment growth in the handset market to be driven by the white-box handset market, which will expand at a compound annual growth rate (CAGR) of approximately 25% between 2006 and 2010, with shipments of white-box handsets in China market reaching 40-60 million units this year.

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