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52% of TVs shipped worldwide in Q4 featured LED backlighting, according to Displaybank. This...

Feb. 09, 2012 1:54 PM ETWolfspeed, Inc. (WOLF) StockWOLF, VECO, RBCN, LEDS, AIXXFBy: Eric Jhonsa, SA News Editor
52% of TVs shipped worldwide in Q4 featured LED backlighting, according to Displaybank. This year, the penetration rate is expected to rise to 60%-70%. This growth, however, hasn't been enough to stabilize a very difficult pricing and demand environment for LED industry players; and now that TV penetration growth is slowing, the industry can only hope and wait that lighting demand will eventually pick up the slack.

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