3000LED enterprises go single plank industry reshuffle will continue until the mid 2014

LED industry had risen to the peak and began to decline. Recently, the issue of photoelectric production of the Chinese LED industry development issues on the cusp. Three years ago, the domestic LED enterprises as high as 3000, but are in small scale, due to the high technology and the patent has been developed countries such as the United States, Germany, Japan and other master, the domestic LED industry reshuffle and the transformation of the road will be opened completely in the next few years.

At the beginning of November, Shenzhen billion LED enterprise hibo photoelectricity company discontinued by the outgoing message. Then more than 190 employees to apply for labor arbitration and employee representatives to the people's court for property protection reports, further confirmed the news. Reporters learned that the event is mainly due to the fracture of hibo photoelectricity company capital chain. From the beginning of August this year, arrears of wages, the staff is still small, the number of suppliers is owed to tens of millions of dollars. And the reason is that the transformation and change, in April last year, the company had to spend 10 million yuan to enter the LED lighting market, but failed to return to the company, eventually leading to financial difficulties.

Reporters learned that the latest, hibo photoelectricity has temporarily solved this problem, the current production has been restored. However, the outbreak of the incident has caused investors to worry about the enterprise, some investors said, hoping to get some of the investment through bankruptcy liquidation.

Expert analysis, hibo photoelectricity event, not only for their own influence, but also sparked fears of LED industry. Industry insiders through the collection of LED listed companies in the three quarter data found in the more than and 40 companies, of which a serious decline in corporate profits or losses of 60%.

Overcapacity caused market disorder

With the implementation of the national plan to eliminate incandescent light, coupled with the implementation of the pilot ladder, because of the excellent energy-saving effect of LED lights, can be said to be a huge market space for the LED lamp market. Chen Hongda, deputy director of the Institute of semiconductors, Chinese Academy of Sciences, has publicly said: 50% of the incandescent lamp for LED light can save Three Gorges Dam 2.5. "

Hibo photoelectricity relevant responsible person said in an interview with reporters, the number of enterprises in the marketing of products, is actually a positive growth, but sales growth is at the expense of profits for the. Assistant General Manager of Tsinghua Tongfang Li Wenliang also believes that the current LED lights civilian areas, the entire market products uneven. Take a price of over one hundred yuan LED lamp, 5W's LED lamp can replace the 40W incandescent, lifetime use can save 900 kwh of electricity, in the long run, is to save money for consumers.

It is because of the high price of LED lights, making small businesses and small workshops to follow suit heap. So that the market price of the same power LED lamp 5 yuan, $10, $20, $100, the entire market chaos. Li Wenliang said. Investment adviser senior researcher He Zaihua believes that the market is seriously affected by the phenomenon of follow the trend, the product in the low-end get together, the price of a long melee down. Coupled with the global economy is weak, while the majority of domestic LED corporate profits rely on exports, resulting in excess capacity.

Industry reshuffle stage for several years

LED industry reshuffle will continue until the middle of 2014. Guo Xiu, Secretary General of Guangdong lighting electrical association. NVC spokesman also said that the current lighting industry in small and medium-sized enterprises, product quality control problem of lack of instant success, with exports of low-end products, market competition ability is weak, which makes SMEs face difficulties, the industry reshuffle is represent the general trend.

In the field of LED display, companies want to gain must maintain more than 20% of gross profit. 2011 net profit of the industry average of about 5%, but this year's gross profit margin of only about 15%, the profit has been negative growth.

For the future of LED industry, He Zaihua believes that the current LED market is serious, product characteristics and the photovoltaic industry is exactly the same in the low-end market environment, if not promptly see LED enterprises, is likely to fall into a similar photovoltaic industry deadlock.

However, some experts have expressed different views, that the industry reshuffle, regulators to strengthen market regulation, LED industry is expected to return to the original growth track. By shuffling, integration will give birth to large enterprises, which is conducive to make up the field of high-end products. In addition, China has a broad market space, which is a major advantage of the development of the industry.