GaN LED market is expected to grow by 38% in 2011

According to IMS Research report, sales of GaN (blue/green) LED market are expected to increase by 49% to 6.2 billion in 2011, sales will increase by 38% to US$10.8 billion, and 2010 GaN (blue/green) ) LED market sales increased by 67% to 8 billion US dollars.

In 2011, in the field of LED TVs, displays and general lighting, the sales of GaN (blue/green) LEDs will increase rapidly. Among them, the fastest growing LED TV applications are expected to grow by 97% to US$4.3 billion.

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