The LED industry lacks core technology industry to reshuffle the pace of mergers and acquisitions
According to a media report, the mainland LED lighting industry has experienced a period of overcapacity, falling product prices, and the collapse of small enterprises. This year, the government’s 40 billion yuan large-scale purchase and financial subsidy policy is expected to bring a turn for the LED industry, but the industry Shuffling is inevitable. It is reported that in an international exhibition held in Guangzhou in June, the number of exhibition enterprises will be reduced from 2,900 in 2011 to 2,300 (35% in annual), and the industry reshuffle is beginning.
With the support of policies and funds, the mainland LED industry is expected to enter a good development period, but if the lack of core technology has not changed, then the policy and funds may be in excess of the overcapacity of the LED industry. At the same time, internationally renowned companies in the LED industry are accelerating the pace of mergers and acquisitions; for example, last year Philips acquired the Spanish outdoor lighting group, one of the world's top five lighting manufacturers.
It is understood that the National Development and Reform Commission has clearly stated that this year will spend 40 billion yuan for LED street lamp procurement, providing 30% financial subsidies for LED street light users. The 2012 Financial Subsidy Promotion Project for Semiconductor Lighting Products was publicly tendered in Beijing on March 20. A total of 110 enterprises from the Mainland participated in the tender.
From March 1 this year, Guangdong Province will use LEDs in all lighting projects and new planning development areas in the public lighting sector, and replace the street lights with LED lights in the next three years, which will bring hundreds of billions of dollars. Yuan's market opportunities.
With the support of policies and funds, the mainland LED industry is expected to enter a good development period, but if the lack of core technology has not changed, then the policy and funds may be in excess of the overcapacity of the LED industry. At the same time, internationally renowned companies in the LED industry are accelerating the pace of mergers and acquisitions; for example, last year Philips acquired the Spanish outdoor lighting group, one of the world's top five lighting manufacturers.
It is understood that the National Development and Reform Commission has clearly stated that this year will spend 40 billion yuan for LED street lamp procurement, providing 30% financial subsidies for LED street light users. The 2012 Financial Subsidy Promotion Project for Semiconductor Lighting Products was publicly tendered in Beijing on March 20. A total of 110 enterprises from the Mainland participated in the tender.
From March 1 this year, Guangdong Province will use LEDs in all lighting projects and new planning development areas in the public lighting sector, and replace the street lights with LED lights in the next three years, which will bring hundreds of billions of dollars. Yuan's market opportunities.
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