Data and development of China's semiconductor lighting industry in 2011

2011 is the development of semiconductor lighting industry a year of ups and downs. A good momentum of development at the end of 2010 was not as the industry expected to continue, multiple pressure release, the domestic production capacity in the global market demand growth slowed, the policy of government subsidies has not yet clear, China semiconductor lighting industry began to enter the industry restructuring and competition pattern in new stage. Overall, despite the 2011 many business situation is not ideal, and even some business failures, but it is undeniable that the Chinese semiconductor lighting industry is still in the foundation to further consolidate, is still the world's fastest growing region.

From the actual situation of the development of the year, despite the ongoing international macroeconomic situation in turmoil, domestic industry investment is still grim, but China's semiconductor lighting industry application scale and industry level still has been significantly improved, all aspects of the industry still maintained a high growth rate, domestic capital operation has made great progress, 7 companies achieve IPO, the 7 companies will be the LED project to become the focus of capital chasing. At the same time, in the first stage of investment is too concentrated in the field, industry competition is fierce, in the technology, cost, size and capital and other aspects do not have the advantage of small and medium enterprises face severe competitive pressures.

2011, China's semiconductor lighting industry reached 156 billion yuan, an increase of $120 billion compared to $30% in 2010. Upstream epitaxial chip, midstream packaging, downstream applications were 6 billion 500 million yuan, respectively, $28 billion 500 million and $121 billion, a slight slowdown in growth.

The scale of China's semiconductor lighting industry in 2011 (data source: National Semiconductor Lighting Engineering Research and development and Industrial Alliance (CSA))

Since 2009, the company's investment effect for MOCVD in 2011 was reflected. 2011, in the second half of many companies to postpone the installation of equipment, the domestic new MOCVD 320 units, so that the total number of domestic MOCVD reached 720 units, epitaxial chip production capacity increased rapidly. According to the current company after the introduction of the equipment to adjust the plan, is expected next year, the installed capacity of MOCVD will be maintained at around 300 level.

2011, domestic chip revenue growth of 30%, reaching $6 billion 500 million, but far less than the growth rate of MOCVD devices, which also reflects the domestic chip production capacity failed to give full play to the epitaxial chip price pressures will continue to be sustained by 106%. 2011, the domestic GaN chip production capacity increased to 12000kk/ months, but the capacity utilization of less than 50%, the annual output of only 71 billion, but the localization rate reached more than 70%. At the same time, the domestic chip has achieved a breakthrough in lighting applications through the integration of small chips, but the market share of high-power lighting chips is still low, less than 20%.

2011, China's LED packaging industry reached 28 billion 500 million yuan, representing an increase of $25 billion in the year of 2010, the output increased from 133 billion 500 million in 2010 to only $182 billion, an increase of 36%. Highlight LED output value reached 26 billion 500 million yuan, accounting for more than LED of total sales of more than 90%. From the product and enterprise structure, the most obvious growth of SMD LED packaging, LED packaging has become the mainstream products, the proportion has been greatly improved.

2011 domestic LED production, chip production and chip rate

type

LED output (100 million)

Chip output (100 million)

Chip rate (%)

GaN LED

Nine hundred and ninety

Seven hundred and ten

71%

Four yuan LED

Five hundred and seventy

Three hundred and ninety

69%

Other

Two hundred and sixty

One hundred and seventy

65%

Total

One thousand eight hundred and twenty

One thousand two hundred and seventy

70%

Data source: National Semiconductor Lighting Engineering Research and development and Industry Alliance (CSA)

2011, the overall size of China's semiconductor lighting applications reached 121 billion yuan, the overall growth rate of up to 34%, is the fastest growing sectors of the semiconductor lighting industry chain. Among them, the growth of lighting applications is very obvious, the overall share has accounted for 25% of the entire application, the market share of the largest application areas, backlighting, landscape and other applications also maintained a rapid growth. LED lighting is expected in the next few years, lighting applications will continue to be the fastest growing areas of application, will become the key elements of China's semiconductor lighting industry. According to the "ten city lights" pilot city survey statistics, the 37 pilot city demonstration project has been implemented in more than 2000, more than 4 million 200 thousand of the application of LED lighting lamp, power saving more than 400 million degrees. Pilot cities focused on nearly 4500 semiconductor lighting companies, the total output value of about $140 billion.

Distribution of semiconductor lighting applications in China in 2011 (data source: National Semiconductor Lighting Engineering Research and development and Industry Alliance (CSA))

From the overall development of the industry, the development of China's semiconductor lighting industry in 2011 showed the following characteristics:

1, LED lighting market penetration is still low indoor lighting market started

The application of lighting in China accelerate its application effect has been gradually recognized, but the lighting market penetration is still low, the domestic LED lighting applications market has not yet become the leading force of industrial development, the formation of a "space, no market" situation. For now, the domestic semiconductor lighting industry, especially in the downstream application industry dependence on the international market is still too high.

Domestic lighting applications are turning from outdoor lighting to the interior, especially in the commercial, industrial, subway and other aspects of the application has been promoted, the demonstration effect of many applications have been recognized. Although the industry is looking forward to the LED product subsidy policy has not yet been introduced, indoor lighting applications are still in its infancy, but its market prospects have been recognized.

2, industry investment