Joint winning LED companies to develop market norms

Yesterday (8), three safety optoelectronics, Elec-Tech, Tongfang, honglitronic, Yankon, Han's laser and REFOND etc. more than and 20 domestic and foreign LED companies jointly announced in Shenzhen initiated the establishment of the G20-LED product specification working group.

Yankon general manager Guan Yong said, LED industry faces increasing challenges, especially in the sapphire substrate as the representative of the upstream areas, investment continued high fever, and beginning of the year and MOCVD have entered the procurement installation and commissioning stage, will eventually lead to lower prices to maintain market competitiveness of enterprises are forced to LED.

Ruifeng photoelectric general manager Gong Weibin pointed out that the lower reaches of the lighting application market is a lack of reasonable market access mechanism and mandatory national standards, resulting in uneven product quality, affecting the end consumer's trust in LED lighting.

Upstream overcapacity, the LED industry is not entirely a bad news. "Guan Yong said, overcapacity will inevitably lead to the upstream chip greatly reduced, directly will pull the downstream LED application product price, this is a good news for the development of the application of the LED market, the key lies in all product materials based on the same level, whether to follow the unified product specifications.

Guan Yong said that if the LED lighting manufacturers to follow a unified market standards, LED applications will be a substantial increase in the market next year, after all, now the price of LED lighting products have been close to the price of energy-saving lamps.