LED Chip Prices Increased 50% This Year

DigiTimes reports that LED chip prices increased 50% this year. An on-going supply shortage is sure to drive prices even higher in 2010:

“The global supply of LED chips will remain short over the next two years due to increasing use in LCD panel backlightings and even faster increases in lighting applications, according to Neo-Neon Holdings chairman Ben Fan…

…LED chip price has increased by 50% in 2009 as clients have been willing to pay more to secure supply, Fan said.”

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