LED lighting price stabilization only 5% market share is expected to continue to improve

Integrated media reports, the LED industry is about to enter the third quarter, the second quarter review of backlight lighting is weak, with price competition, leading to market performance as expected. LED large crystal electric held a 29 meeting of shareholders, chairman Li Bingjie pointed out that the short-term price of LED lighting is not going down, and estimates the industry will see a rebound in the third quarter.

Crystal electricity chairman Li Bingjie (photo)

Li Bingjie said that the current global about 70 billion lampholders, but less than 5% of the city of LED, while the market has an annual comparison of about the need for a light bulb, the 12 billion, the permeability is expected to continue to improve. Although the lighting products price competition, but the chip or fine, limited impact on the company's profit backlight, as in the third quarter, demand also opened TV backlight back to temperature, LED lighting demand will improve.

In the second half of 2015, Li Bingjie predicts that in the year 2015, the penetration rate of approximately 20% shipments up to 2 billion 500 million, compared with 1 billion 100 million in 2014, a double growth, in 2016 this year will have the opportunity to reach 30%; is expected to continue in the second half of last year, operating about 45:55.

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