You know what that means? More and more people are catching on and using LED lights.
Read this full story from PC Magazine….
Global demand for LEDs, especially backlights for PC displays and HDTVs, is stressing the available supply enough that there may be a “drastic” shortage in 2010, especially in big-screen LCDs.
According to iSuppli, which produced the report, the total consumption of LEDs reached 63 billion units in 2009, up from 57 billion in 2008. iSuppli estimated that the total capacity in the industry was 75 billion units, meaning that some suppliers were operating at full capacity.
Long a somewhat ignored component, solid-state LED lighting has become a staple of low-power TVs and displays, even though traditional CCFLs still command the majority of the display backlights in the installed base. That trend, however, is expected to change, both in notebook and PC displays, which use between 50 and 100 LEDs per panel, and in HDTVs, which can use between 300 to 500 per panel, according to iSuppli.
LED backlights are now used in 70 percent of all widescreen notebooks, for example, because the display is a much smaller part of the cost of a notebook than it is of a monitor, according to DisplaySearch. General-purpose LED lighting, still in its infancy, is also expected to grow.
All of the increased demand, expected to increase by more than 10 percent in each of the next three years, is only stressing supply-lines further. In the worst case, that could drive up prices of both high-end and mid-range PCs and HDTVs.
“It is clear that demand is outstripping supply,” said Jagdish Rebello, senior director and principal analyst for wireless research at iSuppli, in a statement. “With LED market growth forecasted to rise by double-digit percentages for at least the next three years—including 2010—a drastic undersupply situation could occur this year unless additional capacity is brought online to meet the increased demand.”
Suppliers are reacting, however. Aixtron of Germany and Veeco Instruments of the United States, the two largest suppliers, are planning to double their production capacity by the fourth quarter of 2010 compared to the end of 2009, iSuppli reported. Samsung and Samsung Electromechanics have partnered, and Chi Mei Optoelectronics and AU Optoelectronics, the other two top LED panel makers, have begun in-house LED development.
Hmmmm….I am happy that there is a higher demand but not so happy that the prices might go up. But the increased demand might make more companies to manufacture them which sill increase the supply and that will drive the price to go down.
Supply and demand from Economics 101.