IHS recently released the latest ranking of LED packaging manufacturers in 2015. IHS said that LED packaging suppliers are facing tough market competition in 2015. Due to the strength of the US dollar and other world economies, the LED packaging industry saw a sharp drop in revenue last year. Lumileds was the only company among the top 10 LED packages to show positive growth last year, and its market share and rankings have improved. The IHS report shows that the LED packaging market grew by only 5% and 10%, respectively, when measured in yen and euro. If the exchange rate is the same as in 2014, the market is likely to have been relatively flat in dollar terms. At present, global LED revenues have dropped by 8% in 2015. Despite last year's uncertainty, Philips tried to sell the business, but Lumileds has maintained a strong position in automotive lighting, general lighting and mobile camera flash. In addition, a small portion of revenue has been captured from the soft backlight market, including mobile phones, tablets, laptops and monitors. And in the fourth quarter of 2014, it surpassed Samsung in revenue and has maintained a leading position. Compared with the previous year, the market revenues of Career, Everlight and LG declined in 2015. However, Everlight still improved its ranking position as Cree and LG's revenues declined more. In 2015, Cree and major Korean manufacturers had double-digit revenue declines. As Career is putting more and more focus on the lighting business, the growth of its component business is not very fast. Cree has been positioning itself as a manufacturer of high quality LED packages and LED lighting, but with the commercialization of the market, its market strategy has encountered bottlenecks. Korean companies have achieved some success in the low-cost strategy of general lighting in 2012 and 2013, but because Chinese companies such as Mulinsen can provide the same quality products at lower prices in 2014 and 2015, their low-price strategy Encountered fierce competition. In 2015, Samsung, LG and Lumen could not offer the lowest price, nor the best quality, and suffered a double-sided attack that led to a decline in revenue, IHS said. In addition, due to its focus on the LED business, Seoul Semiconductor has more market experience than other Korean manufacturers, and its market share has only a slight revenue decline in 2015. Mulinsen, Nichia and Osram maintained their market share in 2015, and their income declined slightly in line with market changes. Its ranking remains unchanged.
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