2012 to see the progress of LED lighting

MOCVD equipment supply determines the overall supply of the industry. Aixtron and Veeco MOCVD devices accounted for more than 90% of the total global MOCVD, which also determines the LED industry will not repeat the serious excess capacity of the old PV industry.

In 2011 there are 57% new MOCVD equipment in China, the domestic LED investment significantly overheating. However, with the phasing out of local government subsidies for MOCVD equipment (800-1200 yuan subsidy per MOCVD), the domestic investment boom is gone. Has signed an agreement to enjoy subsidies in the chip enterprises, the largest amount of subsidies to enterprises the most competitive advantage, because of its largest, and production equipment is almost free of charge. The advantage of the first mover advantage in the competition in the future, the future of the new entrants will be less and less.

Potential demand for LED lighting applications are several times the current LED backlight applications. At present, LED lighting has the feasibility of commercial applications, with the 2012 and in 2013 the phasing out of incandescent lamps, lighting market ushered in the key point of start.

From the perspective of product replacement, disable incandescent lamp is the most direct starting energy-saving lamp products, but in the high-end demand, there is also a part of will be directly transformed into LED bulb needs, because LED has energy saving, no flicker, no mercury and other advantages. High tech LED believes that the beginning of 2012, high power LED bubble and other demand will rise rapidly, in response to the end of the year to bring the market demand for incandescent light.

From the pace of investment, the short term recommended leading LED packaging technology REFOND, honglitronic and lighting enterprises Yankon (600261, shares); long term, LED manufacturing attributes strong, with the advantages of scale and brand advantages, such as Sanan optoelectronics, changelight profitability will be highlighted.