Lighting Creates a Turning Point in the LED Industry

Looking at earnings results for LED companies, it is apparent that 2013 was a turning point for the LED industry. On a revenue basis, LED package companies are growing and performing better than LED chip companies. LED package companies have expanded their business model to modules and applications, increasing revenue and profit. LED package companies did not need to make as many investments as chip companies, and since they had lower capital expenditures, package companies were able to invest in new businesses, such as branded products or automotive applications. Learn more: www.ecnmag.com

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