2015, LED industry goes unusually hard, LED enterprises, run away failures, mergers and acquisitions, the whole industry in the continuous adjustment and shuffle. How is the development prospect of LED industry in 2016? Industry to gradually pick up in 2015, large-scale mergers and closures across the LED industry, LED companies fell more than 4000, in the fierce competition in the market for a time, "winter" enveloped the entire LED industry in 2015. Zhang Xiaofei said that last year the entire LED industry homogenization of serious, fierce price war, industry polarization intensified, resulting in LED industry mergers and the dramatic reshuffle. "LED enterprise integration after another, and by the listed companies, mergers and acquisitions fund size from tens of millions of dollars, at least hundreds of millions of yuan to tens of billions of dollars for." Consultant senior researcher He Zaihua told reporters. According to statistics, as of November 2015, China LED industry mergers and acquisitions amounted to 40 billion 800 million yuan, compared with 53 cases of mergers and acquisitions, the total amount of 6 billion yuan in 2014, an increase of 580%. Among them, 39 cases of mergers and acquisitions over 100 million yuan, accounting for 73.6%. In addition, the number of the 2015 LED companies to reduce more than 4000, the number of enterprises in 2014 up to 2. However, the industry believes that in 2015 experienced the baptism, spring will usher in the LED industry enterprises in 2016. Founder Securities latest research report pointed out that the LED industry has a long industrial chain, including upstream midstream epitaxial wafer, chip manufacturing, downstream chip packaging and applications, is expected in 2015 and 2017, LED market compound annual growth rate will remain above 30%, to 2017 Chinese LED market will reach 748 billion 500 million yuan, the market great potential. At present, LED industry still exist in the number of small and medium-sized enterprises too much, lack of industry concentration, industry overcapacity, scattered resources, elimination of backward production capacity, industry transformation and upgrading is imperative. It is worth noting that further adjustments in the LED industry situation, resources will be further to the industry leader, the industry will gradually showing a "bigger" situation. He Zaihua believes that inter industry mergers and acquisitions activities, will promote the domestic enterprises to go overseas, while learning foreign advanced technology, improve the technological content of products, but the domestic LED industry competition, coupled with the future of the LED market is saturated, difficult in the short term to the residual capacity, therefore LED Enterprises need to re positioning the transfer direction, looking for new growth points, to accept the challenge. Small spacing into the outbreak period "with the continuous development of small spacing and mature, small spacing of LED products will enter the broader application of indoor market, enterprises will have greater development space range, and with small spacing LED capacity growth, its products will be further promoted, the price will be more lower. Is easy to be accepted by consumers." He Zaihua said to the reporter. At present, the display market has been very mature, the competition is more intense, in the traditional display business growth fell under the condition of small spacing LED capacity is growing to become the biggest bright spot. It is understood, LED small pitch products increased to erupt, Riyadh, Chau Ming technology, alto electronic and photoelectric A A-share listed companies. The Lyad report shows that in 2015, the company LED small spacing performance and beautiful, LED small spacing to achieve high growth (more than 70% compound growth for three years), the global LED market share topped more than 50% small spacing. Zhejiang securities latest research report that since the Riyadh since 2012 officially launched LED small pitch products with the industry, the explosive growth of its performance has been doubled in 2015 to achieve 1 billion 160 million orders, an increase of 73%. LED small spacing for DLP suppression based on the advantages of high-end display market will gradually be occupy small space, at the same time, LED small spacing will be fine molecular industry LED downstream application industry growth is one of the fastest and most determined. Industry said, see the dead with beads and other raw materials fell dead and the progress of technology of small spacing product penetration in the commercial market will gradually increase from the industry trend. Riyadh said in an interactive platform for investors in March 23rd this year, the small spacing into the outbreak period. However, the group's chairman and general manager Li Jun said, because the technical threshold of LED small spacing TV is very high, after reaching a certain size, different products will show a great disparity in stability and quality. Try to diversify affected by overcapacity, the traditional LED industry growth is slow, facing the new situation of the industry, some enterprises in the development of industry consolidation at the same time, will also focus on other areas, try to diversify. For example, the layout of the cultural industries, Riyadh Lehman shares (300162, shares) Denver sports industry, Moso power supply (002660, shares) 480 million investment in photovoltaic power generation project, Australia Shunchang (002245, shares) to invest in projects such as integrated circuit chip. To Riyadh as an example, in the acquisition of laford cultural and Jin Lixiang, began a comprehensive layout of the Cultural Tourism Performing field. At the same time, Riyadh strengthen VR technology research and development business and the introduction of equity investment, content production company, the integration of science and technology, the number of tiger image, because Holland Dimenco cooperation resources, focus on the layout of cultural entertainment park, cultural science and Technology Museum, performing arts field, aimed at a leader in the field of commercial VR. "Riyadh is no longer the traditional audio-visual products manufacturers." Li Jun stressed recently in Riyadh group strategy conference, Riyadh business strategy in the future will be the implementation of the "culture + technology finance, make financial operation become Riyadh culture technology, audio-visual products provider, audio-visual solutions provider, audio-visual experience operators, audio-visual culture industry chain investment," Riyadh will be under the new strategic guidance become a global multinational group, audio-visual culture." How to achieve this strategic upgrade? Li Jun said, first of all, Riyadh will increase through the software and services business accounting, science and technology products from the "hard" to "soft"; secondly, through application of the overall scheme of the audio-visual, Riyadh from small to large integration and upgrading of traditional integration; thirdly, through the operation of audio-visual and audio-visual culture cultural experience project the investment industry, from "technology + culture" upgrade to "culture + technology", "culture + technology upgrade to the final financial"; finally, through capital operation, the Riyadh group upgraded to Riyadh billion". He Zaihua believes that Riyadh has formulated "the strategy of cultural development in science and technology + finance", through mergers and acquisitions of assets to create a visual and cultural multinational group. "Riyadh will accelerate the expansion of overseas markets to promote the production of domestic enterprises, technology continues to improve, while actively layout VR, LED small spacing display application integration technology and VR technology, promote the establishment of VR industrial chain, driven by the rapid development of enterprise performance."