Due to the variety of packaging in the LED lighting market, market specifications have not been able to converge, from low-power 0.06W to 3W high-power packages are used, so the first quarter LED lighting package products offer a decline of about 8%. In the backlight market, various manufacturers continued to destock their inventory in the first quarter of this year, which led to a decline of about 7~8% in the LED backlight package products in the first quarter. In the second quarter, after the inventory depreciation in the previous season, the factories were estimated to be LEDs. The production rate of the backlight package product line will return to more than 70%, and even some manufacturers have shouted a turnover rate of 90%, and the order visibility also saw the third season.
Although the price of LED packaging products has continued to decline, compared with the bleak situation of the LED market in the first quarter of this year, the second quarter has a bottoming out trend, coupled with the market demand recovery, the suppliers and channels of LED products are gradually recovering. The production capacity and stocking are in response, and the demand for the LED market in the second quarter is still optimistic.
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