Bidding for semiconductor lighting products

Development and Reform Commission website announced that the 2012 financial subsidies to promote semiconductor (LED) lighting products to start bidding. KingSun chairman Li Xuliang believes that this means that the semiconductor (LED) lighting industry will usher in a new round of favorable policies.

The notice clearly, to encourage LED lighting demonstration applications, and guide the healthy and orderly development of LED lighting industry, development and Reform Commission and the Ministry of Finance and the central information secretary Secretary for economic planning and the Ministry of science and technology high-tech jointly commissioned Chinese Electronics Import and Export Corporation, public bidding for 2012 financial subsidies to promote LED lighting products, determine the promotion of efficient lighting products businesses, products specifications and price agreements.

Li Xuliang said that with subsidies, the price of the product will be further improved, and will further stimulate consumer demand. LED lighting market is expected to accelerate the opening, the domestic LED industry will remain stable growth in the next few years. KingSun after years of accumulation and development, formed one of the R & D and production base of Asia's largest semiconductor lighting products, as the only company in the industry with a high power LED semiconductor lighting the main business of the company listed on the main board and the date LED lighting applications revenue most large listed companies, will undoubtedly benefit from this policy.

According to reports, in recent years, China has issued a number of policies to support the development of LED. For example, last year, the NDRC announced the elimination of incandescent lighting circuit diagram (Draft), the proposed steps to prohibit the sale and import of incandescent lamps for general lighting. The industry believes that similar support policies triggered by the alternative lighting will create a huge market demand for energy-saving lamps and LED. Some media reports, the NDRC official said, in 12th Five-Year, the LED industry is expected to achieve the goal of quadrupling. The industry generally more optimistic estimates, is expected to 2015, Chinese outdoor LED lighting penetration rate of 60%-80%, indoor commercial LED lighting penetration rate of 25%-30%, Home Furnishing indoor LED lighting penetration rate of about 5%-10%, Chinese LED lighting market overall penetration rate will reach or even exceed 20%.