#<p><strong><a href="http://www.techeye.net/wp-content/uploads/2015/08/Screen-Shot-2015-08-21-at-14.22.00-e1440163358441.png"><img class="alignleft size-medium wp-image-160827" src="http://www.techeye.net/wp-content/uploads/2015/08/Screen-Shot-2015-08-21-at-14.22.00-300x200.png" alt="flexible LED" width="300" height="200" /></a>An oversupply of light emitting diodes</strong> (LEDs) has led to average selling prices of lighting products to slump 30 to 40 percent this year.</p>
<p>That’s according to a report from Trendforce, with analyst Roger Chu saying: “Growing numbers of manufacturers have incurred heavy losses and are exiting the market.”</p>
<p>There is still strong demand for high brightness LEDs, but Chu said the value of the market is up by only two percent this year, amounting to $14.52 billion.… <a href="http://www.techeye.net/news/led-market-in-2015-was-not-too-bright" class="read-more">Read the rest</a></p>