LED winter to spring to the vitality of the LED industry chain is uneven

After two years of price cuts and closures invasion, the domestic LED industry seems to usher in February spring, present a Spring is in the air. signs of recovery. To explore the LED industry or excess and, the Securities Times reporter went to Guangdong on both sides of the Pearl River, a survey of the Shenzhen and Zhongshan several LED enterprises, to capture information from the line, to the pulse of the industry.

People engaged in LED seem to forget the nightmare of more than two years after the collapse of the large number of manufacturers, but also forget the last year has been suffering scenes. In the spring this year, as if the night lighting LED rejuvenation. The market has not yet opened the lighting industry, the beginning of the order after another, so that the lighting chip products were once out of stock, the middle reaches of the packaging machine manufacturers run almost day and night.

However, the city of Shenzhen recently quietly canceled the first LED industry planning to just heat up the market poured cold water, people in this industry interpretation of the policy shift is not a. There are people in the industry said, LED industry in the short term suddenly hot sustainability remains to be seen, simply rely on price advantage kaijiangtuotu inevitably repeat the old low-end manufacturing.

Glow spring

"Missed the 6 floor, you have to miss the 5 floor? Shenzhen Huaqiang North LED Trading Center Lobby advertising slogan to attract many businessmen in step. Although the construction of the subway leading to the road north of the city where the road for three years, but here the LED trading center is still attracting a lot of businesses to settle down.

The spring of this year soon, Shenzhen Huaqiang North LED trading center started investment. Market from the original 6 floor expansion to the first floor of the building, with a total operating area of up to 13 thousand square meters, can meet the needs of the opening of the store LED 420 manufacturers. Many new businesses are gradually settled, busy decoration stores and display goods.

"Hope to gain more orders with the popularity and popularity of Huaqiang market. "Some newly settled vendors say.

"This year's orders are simply too busy. Wang Lei, general manager of Guangdong Seoul Optoelectronics Technology Co., Ltd., told reporters that since the beginning of the international market began to improve, the current situation is optimistic about the order.

Small factories like this, large orders are pouring. Lumileds said PHILPS Asia Marketing Director Zhou Xuejun told the Securities Times reporter, overseas market unpopular, second factories in Malaysia production base in Penang last year has started, but now on the orders are still busy.

External heater ruffled yijingchunshui. Some of the LED manufacturers in Guangdong are busy hiring workers. In Shenzhen Nanshan District Baiwang letter Industrial Park, REFOND, Lehman photoelectric, mosopower power and other listed companies located here, in front of many companies are covered in job advertisements, LED workshop machines are busy day and night.

At the beginning of May, the Securities Times reporter in REFOND investors research conference. For the industry to pick up, the company secretaries Zhuang Jili view, backlight LED packaging market has started from the end of last year, thanks to the LED TV market penetration upgrade. Earlier this year, due to the degree of acceptance of foreign lighting to enhance LED, external demand growth led to a quarter of the market unpopular.

"Konka, SKYWORTH, Changhong and other domestic TV manufacturers are beginning to use large LED backlight more energy-efficient, LED backlight market penetration in the last year to 60%, this year is expected to reach 90%, the market capacity will reach 8 billion yuan. "REFOND dongmi Zhuang Jili, LED Backlight Market in the next few years will become increasingly saturated, and with Samsung, LG and other South Korean manufacturers launched OLED (organic light emitting diode, a new type of Technology), LED LCD backlight display technology will be eliminated, the next few years the market potential application in the field of lighting.

To this end, the constant increase in the capacity of Ruifeng photoelectric lighting package. It is understood that the end of February this year, REFOND signed with the Shanghai port of LED source projects, focusing on investment in LED lighting package. The project total investment of about 500 million ~ 600 million yuan, is expected to be completed by the end of this year.

Uneven hot and cold industrial chain

Although the LED industry is how warm the spring tide, but the industry chain uneven lighting chip: the situation is excellent, with chip manufacturers in the middle reaches of misery; (LED package) orders, but the competition is still very fierce.

In the LED substrate of an enterprise in Zhejiang, deputy general manager told reporters that although the downstream lighting market opened a mouth, the overseas market and domestic commercial lighting market has a way out, but on the industry as a whole, the upstream chip manufacturers engaged in display with trapped overcapacity, still miserable; midstream package, and downstream terminal application device manufacturers and products are uneven in quality, innumerable, dragon hybrid, which intensified competition, hurt domestic brand reputation.

In fact, the industry chain uneven from the performance of listed companies also see a fact.

2013 first quarter, A shares listed on the 25 LED companies operating income of 9 billion 900 million yuan, an increase of 12%, total net profit of $700 million, down by 3%. In the first quarter of this year, the overall performance of the LED industry is still not increasing profits, but the overall decline in performance is significantly weakened. Among them, the middle reaches of the packaging and downstream applications, the performance of the company's net profit is better than the upstream chip companies, mainly due to the serious excess capacity of the upstream chip, low operating power factor.

In the past few years, LED was a sample of the national energy conservation and environmental protection industry, attracting a lot of capital intervention. Especially in 2009 ~2010 years, the domestic investment in the field of LED industry has emerged. Overheated investment