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The LED Chip market is a subset of the LED (Light Emitting Diode) industry. LED Chips are the semiconductor components that convert electrical energy into light. They are used in a variety of applications, such as automotive lighting, general lighting, and backlighting for displays. LED Chips are typically made from gallium nitride (GaN) or gallium arsenide (GaAs) materials.
LED Chips are becoming increasingly popular due to their energy efficiency, long life, and low cost. They are also more environmentally friendly than traditional lighting sources, as they do not contain hazardous materials such as mercury.
The LED Chip market is highly competitive, with many companies offering a wide range of products. Some of the major players in the market include Cree, Nichia, Osram, Samsung, and LG. Show Less Read more