Apple’s 2024 decision to halt Micro LED smartwatch development drew significant attention and cast doubt on the technology’s future. However, CES 2025 demonstrated Micro LED’s resilience, with companies unveiling innovations and products that highlight its ongoing growth.

The global automotive supply chain faced widespread layoffs as mainstream and emerging suppliers struggled with sustained low-profit margins in 2024. With no clear signs of recovery, industry analysts warn that layoffs may extend into 2025, driven by unrelenting financial pressures.

Boosted by the rising demand for automotive LEDs and invisible light LEDs, the leading LED packaging company Everlight Electronics delivered impressive results for 2024. Despite challenges such as a high growth baseline and uncertainties in the global market, Everlight is optimistic about market recovery becoming clearer by March. Growth in invisible light LEDs is projected to outperform the industry average, and while the share of power semiconductors remains relatively small, it is expected to become a significant driver of growth. The company anticipates stable gross margins heading into 2025.