LedLink Market Share to Increase in 2014
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Economic Daily News.Taiwanese LED secondary optic lens manufacturer LedLink has received orders from three major international lighting brands and from other regional LED luminaire manufacturers this year, according to a Chinese-language Economic Daily News report. The company hopes its market share will increase from 35 percent in 2013 to 40 to 50 percent in 2014. LedLink is likely to emerge as a big winner this year, due to soaring LED lighting demands, and better profits in LED lighting applications compared to backlight.

LEDlink business operations will take off in March 2014, and annual profit growth is likely to surpass 50 percent, the report cited legal persons saying.

Big international lighting manufacturers have been actively investing in LED lighting since 2013, said LedLink Chairman Tang Te-Lung. The company has received many new orders from Philips, which currently accounts for seven percent of the company revenues. In addition, luminaire manufacturers in different regions have begun investing in LED lighting. Once leading regional manufacturers initiate their projects, secondary and tertiary luminaire manufacturers will also follow. As a result, there will be strong LED luminaire demands in 2014, and LedLink’s market share will rise further this year

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