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LED prices set to continue current decline: LEDinside

TAIPEI, Taiwan -- The price of LED products is forecast to continue its decline, according to a price survey by LEDinside, a research division of TrendForce.

According to the survey, due to dwindling inventory in the first quarter and rush orders in the second quarter of 2012 the price will continue to fall in 2013.

LED backlight costs are forecast to decline around 4 to 8 percent in the first quarter of 2013, the survey suggested. LED technology used in televisions is expected to drop in price by 3 to 9 percent this year.

Price Drops to Make Product Popular

Due to the falling prices, LED products are gaining in popularity, according to LEDinside. Since last year, the use of LED technology in televisions has increased by 90 percent, according to the research institute.

In April 2012, Korean brand vendors introduced direct-lit LED TVs that aimed to replace LCD displays, which use cold cathode fluorescent lamp (CCFL) back-lit technology, LEDinside noted.

LEDinside said the new displays have seen impressive sales in China and North America and the sales for certain screen sizes were twice that of edge-lit LED TVs.

CCFL products still remained competitive in the second quarter of 2012, said LEDinside, noting however that it expects direct-lit LED TV will completely replace CCFL TVs by 2013.

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