From the collapse of LED companies say

It is reported that the number of LED business failures this year more than 10%, among them there are more than 100 packages, including the merger and acquisition of enterprises; to do lighting more than 300 companies, mostly small businesses, the industry has entered the reshuffle. Earlier there was news that the LED lighting industry PIPO Technology (Shenzhen) company chairman Deng Weiye revealed to the media, the 90% LED companies at a loss. However, the collapse of this loss is even worse manifestations. On the one hand, companies such as flooding into the industry, on the other hand, the market can not achieve the expected value, resulting in LED enterprise collective sudden death".

However, first reported a loss of 90% domestic LED lighting business, industry LED Industry Federation said of an aged person, immediately issued a statement that Shenzhen LED business closures false rumors, LED Industry Federation rumor said, according to the Federation released information shows that the first three quarters of Shenzhen LED industry running smoothly, although the third quarter decline in late October, but has rebounded, most of the enterprises will achieve the expected annual growth and profitability, the industry overall growth in the range of 25% - 30%. It is reported that since the third quarter of 2011, the European and American economy, domestic monetary tightening, LED lighting market started slowly and so many factors, before the fame, soaring LED industry suddenly hit, overcapacity, reduced orders, falling profits, business failures, patent blockade and other bad news followed.

The Secretary General of the association, Guangdong province LED Shenzhen LED Industry Association Secretary General Gui Shirong said, according to the Federation of monitoring of economic operation of 450 member companies, only two junduoli enterprise collapse, the two companies with annual sales of less than billion yuan, 80 - 100 Shenzhen LED business failures is groundless statement. Gui Shirong admitted that the environment is not good, the third quarter of LED companies, especially small and medium enterprises is not easy, but not as bad as the rumors.

Federation of analysts believe that poor performance in Europe and the United States is the main reason. But the industry is expected to achieve rapid growth next year, in addition to the needs of Japan and Europe and the United States, Australia and other countries have begun to replace LED street lights, in 2015 will exceed $10 billion scale.

At the same time, China's elimination of incandescent roadmap is coming out. According to reports, from October 1st next year, the country will prohibit the sale of 100 watts and above ordinary incandescent lighting, October 1, 2016, will ban the sale and import of 15 watts and above ordinary incandescent lighting, then the market size will reach hundreds of billions of yuan. Because of this good news, the domestic A-share market A Lehman photoelectric, Chau Ming technology, REFOND optoelectronics, honglitronic, photoelectric, alto Electronics Stocks rose LED. This year, there are 8 domestic LED companies listed or over will show that the capital market is optimistic about the future of the LED industry. Gui Shirong said that the Federation will strengthen services to help enterprises grow.

We believe that, for the time being no matter whether the collapse of the LED business is really coming, the development of the LED industry is that we must face up to the defects, according to the industry's widely predicted, LED really need to enter the family 5 years. The question is: in addition to the government to pay the bill, who is willing to buy LED products?

Another problem is that the LED lighting technology is still not mature enough, resulting in some LED street light is very serious, and hanging lights need professional and professional equipment can be replaced, therefore enterprises consume huge manpower and material resources. As a government, the surface is the use of more advanced streetlights, but did not achieve the desired results.

For now many LED business failures, there are experts to analyze the reasons:

1, the poor economic environment. 2011 the overall economic environment is not good, the global LED industry growth is lower than expected, the main LED annual revenue growth fell sharply, or even negative growth.

2, competition intensifies. Due to the overall economic environment is not good, terminal demand growth is lower than expected, resulting in LED prices accelerated decline, the international manufacturers to accelerate price cuts, vicious price competition.

3, the payback period of investment, capital chain rupture. 2009-2011 since the first quarter of this year, around the world, manufacturers are actively increasing on the investment of LED, especially Chinese area, in the investment of LED is started in 2010, is more in 2011 before mass production, but suffered a downturn in the market, and initial investment recovery period is longer, even it is difficult to recover.

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