A new report by market research firm ElectroniCast Consultants has revealed that global consumption of packaged LEDs used in signage and professional displays rose 17 per cent from $1.3 billion in 2009 to $1.52 billionn in 2010.
The firm also said that it expects to see consumption grow to $2.781billion in 2016.
"This application category includes covers LEDs that are used in stationary and vehicle-based signs and displays," Stephen Montgomery, president of the LED market research group at ElectroniCast, explained to Semiconductor Today.
He added: "LEDs are used in building facades, large outdoor video screens, digital billboards, sport/stadium displays, small indoor retail displays, food displays, signs on taxis and destination signs on mass-transit vehicles, channel-lettering/light-boxes, and LED/LCD TV screens."
Meanwhile, Evident Technologies and Samsung Electronics Co have signed a comprehensive patent licensing and purchasing agreement for Evident's quantum dot LED technology.
The agreement will see Samsung granted worldwide access to Evident's patent portfolio for all products related to quantum dot LEDs from manufacture of the quantum dot nano-materials to final LED production.
Posted by Andre Dixon