Analysis of the LED display industry from the collapse of vision Optoelectronics

The shopping industry slowdown in demand, price, so LED display industry continues to shuffle. After the last junduoli, bolunteguang collapse, recently Shenzhen has a medium-sized LED display manufacturer - Diguang Electronics Co. Ltd. (hereinafter referred to as "Diguang Electronics") collapse.

Another fall

According to media reports, is willing to Jing Guang Electronics was officially declared bankruptcy in June 29th. The assets of hundreds of millions of dollars, the number of employees up to more than and 400 people LED production enterprises, from April this year, did not give wages to the workers. At present, the king is willing to light electronic wages arrears of more than 20 thousand yuan, in addition to the difference between the plant decoration side of the project more than 380 thousand.

The company's financial manager, said the company's collapse is largely due to the difficulty of SME loans. They used to get a loan from the Bank of Hangzhou, and now they are more afraid of the Bank of Hangzhou.

Reporters from the Shenzhen credit online query, Diguang electronics is the legal representative of Xing Yi, the company address in Shenzhen Baoan District city Longhua street Daecheongho Lake Industrial Zone Road effectively.

Many industry insiders revealed to the newspaper, Xing Yi is Sichuan, who was one of the leading enterprises in the domestic LED display of Shenzhen City Ming Polytron Technologies Inc. In 2005, Xing Yi founded the wish scene light electronics, mainly produces all kinds of indoor and outdoor LED display, a considerable part of the products exported to Europe and the United States market, has also set up a branch in Hangzhou.

A person who has worked with Xing Yi said, is willing to Guang Guang electronics in recent years, there have been many changes in the structure of the shareholders, shareholders for profit, so that funding constraints.

Wang Jing is willing to shut down the electronics, in essence, because more competitors, we disregard the quality, in the low-end competition, there is no profit. "LED Engineering Research Institute president Zhang Xiaofei pointed to the newspaper, then the fund chain break, arrears, upstream stock, stop production Domino effect.

A supplier told this newspaper, is willing to Jing Guang electronics is a family business, weak overall operating capacity, they are no longer at the end of last year to the vision of optoelectronic supply.

It is understood that the king is willing to shine on the Bank of Hangzhou may be up to tens of millions of dollars owed.

Last October, Shenzhen focotex Industrial Co. Ltd. chairman Mao Guojun "run away" caused by vibration. Focotex are poor management, more than 200 employees owed wages of about 610 thousand yuan, still owe a bank loan of about 20000000 yuan, was surrounded by more than 30 employees and suppliers "". Today, the king is willing to light the electronic fall.

Industry reshuffle

The industry believes that this year, LED display companies will be obvious reshuffle and integration. Wang Jing electronics is a precursor to collapse, it can be squeezed into the top 50 in the domestic LED display industry".

LED display industry has bottomed out, the industry profit margin of only 5%~7%, the original can reach 10%. Zhang Xiaofei believes that with the modular components, LED display industry has become a common manufacturing, labor force assembly.

"The competition is too fierce, the price war is fierce. The industry believes that a lot of projects by more than and 10 production plants, who bid the price low who take orders.

With the gradual saturation of the demand for LED screen, lower prices, by the end of 2011, the display in the LED application output accounted for 19%. In contrast, the proportion of LED lighting continues to rise, its output value has exceeded the LED display.

This year can not hear a LED display factory said very happy, the collapse will occur. Zhang Xiaofei said that this will affect the upstream, there will be a risk of accounts receivable. Fear of being upstream downstream owe, accelerating payment collection, LED display will make some funds more serious.

Experts assert that there are more than and 600 enterprises in Shenzhen LED display, 10%~20% shuffle is also normal.

At present, the LED display industry, a lot of listed companies, including the state of science and technology, Lehman photoelectric, another Shenzhen production enterprises are aibisen LED display will be listed on the queue. It is understood that the output value of 100 million ~2 in Shenzhen LED display enterprises have more than more than and 30.

In the future there will be polarization, some companies will be out, and some will be cleared out. Market researchers believe that LED listed companies within five years of ST is also normal. The problem is that we in order to blunt performance, low volume, resulting in low added value. "

Chau Ming Technology in the first quarter of this year, both revenue and profit decline, revenue fell nearly 17%, net profit fell by 80%. The company is accelerating the expansion of the field of LED lighting.

These suppliers call, LED display industry has been a period of rapid development, the industry should return to reason.

A long-term concern of the LED industry, Shenzhen venture capital industry believes that the upstream chip LED Europe and the United States, Japan's large industrial group control. Domestic LED enterprises are mostly concentrated in the middle and lower reaches. Downstream technology content is low, demand growth slowed, the increase in the number of manufacturers involved in the fierce competition, the cost can not be controlled.

"But an enterprise does not represent an industry, LED industry is still a sunrise industry. He suggested that the domestic LED industry to break the monopoly of foreign countries, to promote the development of domestic LED chips, while extending to the potential of the LED lighting field.