LED insights from SEMICON West 2012

July 11, 2012 — Citi analysts surveyed the light-emitting diode (LED) manufacturing market and LED demand at SEMICON West 2012, taking place this week at the Moscone Center in San Francisco, CA.

Demand for general lighting applications remains robust for LEDs, though the LED oversupply remains significant. This could explain why orders for metal organic chemical vapor deposition (MOCVD) tools have ticked slightly higher, but primarily limited to Epistar and some small China orders.

From a chip perspective, discussions suggest Cree (NASDAQ:CREE) stepped on some large customers toes when it acquired Ruud Lighting in August 2011. Ruud makes outdoor lighting fixtures based on LEDs. This has had greater than expected negative impact on chip demand, Citi says. The downstream acquisition for the LED maker is viewed by some customers as directly competitive with their businesses.

View Citi’s full report at http://ir.citi.com/uyRtd8u%2B6M2pDF7aCZQyUr4RBK2BMqjLd6ziy8f56t2Ci20uJjgV%2Bg%3D%3D

Visit the LED Manufacturing Channel on Solid State Technology and subscribe to the LED Manufacturing News monthly e-newsletter!

POST A COMMENT

Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

LIVE NEWS FEED

NEW PRODUCTS

Edwards launches new vacuum pumps at SEMICON China 2016
03/15/2016Edwards announced the availability of two new vacuum pump product families at SEMICON China: the iXM Series for semiconductor etch and chemical v...
Low-outgassing Faraday Isolators to improve lifetime and reliability of optical systems
02/18/2016Qioptiq, an Excelitas Technologies company introduces the LINOS Low-outgassing Faraday Isolators, the first of th...
Versatile high throughput SEM from JEOL
11/04/2015JEOL's new JSM-IT100 is the latest addition to its InTouchScope Series of Scanning Electron Microscopes....