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Market saturation
The latest analysis of the gallium nitride LED market from IMS Research shows how the growth of the market from 2012 onwards will be reliant on general lighting applications. Sales of packaged chips for TV backlights will peak in 2013, before market saturation in all backlighting applications takes over. And although the lighting market will propel growth until the middle of the decade, IMS sees a contraction starting in 2016. Credit: IMS Research.
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