High-luminance LED face slow growth in 2005

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The global production value of high-luminance LEDs is projected to grow only 5% on year in 2005, following 37% growth last year, according to Strategies Unlimited, a leading market research firm for the high-luminance LED and GaN markets. The slow growth is due to stable demand for mobile phones and slower penetration of new applications including LCD TV-use backlighting, said the market research firm.

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Wolfgang Gruener
Wolfgang Gruener
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Wolfgang Gruener is an experienced professional in digital strategy and content, specializing in web strategy, content architecture, user experience, and applying AI in content operations within the insurtech industry. His previous roles include Director, Digital Strategy and Content Experience at American Eagle, Managing Editor at TG Daily, and contributing to publications like Tom's Guide and Tom's Hardware.