Investment warming LED lighting market, not hatched"

Is another round of investment boom.

As the first batch of listed companies to enter the LED lighting industry, sunshine lighting in its just released 2010 annual report, said the next three years, the total amount of investment in LED will be $1 billion. Coincidentally, the country star power holding company nationstar Semiconductor Technology Co Ltd was officially launched in LED wafer, Foshan 2 billion 500 million yuan of investment projects on chip; benbon electric appliance in Guangdong to invest 800 million yuan in Heshan......

"LED's timing is ripe. "NVC chairman Wu Changjiang said. But the industry believes that the investment boom in the LED market to conceal the raging like a storm "and the permeability were not" embarrassing for 2010 LED in the domestic lighting market is only 1%, many enterprises rely on government subsidies to profit by virtue of municipal engineering survival.

One side is the high investment enthusiasm, one side is deserted market situation, when the arrival of LED spring?

Platoon arrangement

In March 15th, Guangdong benbon Electric Appliance Co., Ltd. is located in Longkou town of Heshan city LED lighting project foundation, according to forecasts, the project total investment of 800 million yuan annual output value of more than 2 billion 500 million yuan.

This is only the first quarter of 2011, a microcosm of the LED investment boom. Remove Yankon, Guodian stars mentioned above, Elec-Tech also announced to invest 4 billion 100 million yuan LED. At the same time, even some non main lighting business listed companies are eyeing the LED, such as the main industry for metal logistics Australia Shunchang announcement, intends to LED project investment 1 billion yuan; the United States, TCL, Changhong and other home appliances giant has been involved.

Since 2010, the LED boom that swept the capital market has not converged in the year of 2011.

It all stems from the laboratory has been more than 20 years of LED market outlook is expected to judge. PHILPS released the global LED Industry Outlook report claimed that by 2015, the lighting products shipments, LED will account for 50%, we should also be able to do. Wu Changjiang told reporters, after years of cultivation, LED lighting, regardless of from the technology, industry support, market cultivation, etc., have become more complete, the time is ripe for LED".

Based on the "ripe" judgment, March 12, 2011, NVC breath launched to the market 6 series of more than and 100 varieties of 300 total number of single product of LED lighting products, this data is launched nearly 1/5 more than and 500 varieties of the whole industry in 2010.

According to the March 24, 2011 NVC released 2010 annual report: 2010, NVC achieved a total sales revenue of $471 million, up $305 million in 2009 an increase of 54.3, net profit of $71 million 338 thousand, up $12 million 843 thousand in 2009 growth of 455.5%. Among the products, LED products in 2010 a total profit of $1 million 908 thousand, an increase of $348 thousand in 2009 compared to $548%.

Shenzhen LED Industry Federation Secretary General Gui Shirong told reporters, 2015 LED products will achieve 50% share is the consensus of the industry, and the outbreak is likely in the next two years, this is 2010, the investment boom in 2011.

According to statistics, in 2010 the domestic traditional lighting industry output value of 290 billion yuan, while the LED general lighting output value of $18 billion, compared to $7 billion 500 million in 2009, an increase of 140%. Among them, LED street lights, tunnels and other growth rate of over 100%.

Not in the new construction, expansion has entered, like wind power, in 2008 2006 the polysilicon LED lighting industry, in addition to the traditional lighting industry transition to LED, including PE (private equity), government, industry funds, foreign funds have been recruiting, paibingbuzhen.

M & A is another kind of investment, LED industry chain has a substrate, epitaxial wafer, chip, package, application, many already layout LED industry enterprises choose to rely on acquisitions to improve its own industrial chain.

In January 25, 2011, Kerry announced that a $17 million cost of the acquisition of the U.S. company HCI. Announcements, HCI is a commercial professional LED lighting products design, production and distributors, in the world has a wide range of architectural designers and distributors channel resources.

"NVC and CREE, Taiwan crystal electric and other LED giants formed a strategic partnership, the next step will be through the capital operation of some outstanding enterprise technology integration. Wu Changjiang told reporters. The industry is widely speculated that the next step will be to NVC and Taiwan EPISTAR set up a new joint venture company, which will LED lighting industry chain to expand.

LED lighting in the era of Eve, "eat" into the enterprise development ideas. We are expected to use acquisitions to make up for their short board in the industry and channels. "LED CEO Zhang Xiaofei said," the acquisition is undoubtedly the best means to quickly access and snatch LED lighting market. "

"Died a number"

But compared with crazy investment enthusiasm, the market situation is not satisfactory.

According to the Research Report of GF Securities, in the LED lighting industry at present, the government is still the main municipal engineering guide LED lighting industry, the market is mainly concentrated in the LED landscape lighting, tunnel lights, street lamps, general lighting products, LED lighting market has not really started.

Government to support the development of LED industry in the process, through a large number of financial subsidies to make the various funds flock to the LED industry. In December 2010, three optical signed an agreement with the Anhui government of Huainan, with an annual output of 8 billion investment projects, 1000MW PV systems and components according to the agreement, only the purchase of equipment is an optoelectronic subsidy of 500 million yuan, and after the operation in total