Outsiders cross-border LED owed tens of millions of benefits and Feng joined the army on foot"

Fierce competition in the LED industry and then run the event

Following Guangdong, Zhongshan, Phoenix lighting boss owed 70 million yuan debt lost contact, recently, Li and Fung Technology (Shenzhen) Co., Ltd. (hereinafter referred to as Li and Fung) also came with the legal representative of the money on foot. At this point, the distance between Lee and Feng into the LED industry, but two years.

In recent years, LED industry foot or collapse events are not uncommon. Reporters found that from the beginning of 2010, with the pace of LED lighting to replace traditional lighting to accelerate, more and more outsiders into the industry, making the industry tend to homogenization of competition.

Since LED lighting is more energy efficient than traditional lighting, the average life expectancy is longer, so after breaking the durability and price factors, LED lighting sought after.

Under this background, China Lighting Association Secretary General Dou Linping said in a lighting fair, double stack to replace traditional lighting and new market, bring high growth, but LED lighting, "within 35 years of the competition will be more intense".

The legal representative has "escape"

Reporters yesterday (December 3rd) was informed that in November 17th, has been favorable and abundant suppliers found unable to contact the legal representative of Li and Fung Zhong Gang. At the same time, Li and Fung owed more than 1000 yuan in the purchase price of the supplier, the arrears of wages of employees of more than 39 yuan monthly salary of more than 3 yuan. According to the reporter, the bell just became a legal representative of Li and Fung in 2013, and served as general manager and executive director.

Subsequently, the relevant departments involved in the investigation of labor, and served on the November 20th meeting of the arbitration notice.

However, in November 28th in Shenzhen, Baoan District Labor Arbitration Commission Arbitration Court scene, Li and Fung relevant person in charge did not appear. Yesterday, Shenzhen City, Baoan District Labor Arbitration Commission staff told reporters, according to the arbitration has been handling absences employers to hire both sides issued a verdict, please pay employees may apply to the court for enforcement. In addition, within the specified time limit, lehefeng responsible person also not linked to heart wave community workstation a treatment of wage arrears, which is regarded as the "escape".

Reporters at the official website of the Shenzhen municipal market supervision and Administration Bureau found that the current Li and Fung has been included in the bad information bar, the existing one is not completed in the case of the body, the implementation of the subject of more than 38 yuan.

Small and medium enterprises difficult to resist big brother"

Reporters found that Lee and Feng had not done LED business base, but the cross-border. The company was registered in 1998, began to produce computer accessories, software, etc., by 2005 to increase the DVD machine and accessories business. Until 2012, when the LED was unusually hot into the industry.

In 2010, Lee and Feng had Shizhao Chi shares outside vendors. Trillion shares of securities on behalf of Mou Haitao, said they were responsible for the installation of the decoder board. According to him, in 2011, Siu Chi shares also entered the LED industry, mainly to do TV package, backlight, lighting products three, in which the lighting product business model is ODM, from technology to production by Siu Chi shares completed a processing mode. As a large number of funds and technical support of listed companies, shares in the LED industry has not been the same as smes. Mou Haitao said, LED business in recent years, rapid growth.

However, some small and medium enterprises have not been so smooth. The general manager of Yufeng Technology Co., Goodwin said, now has thousands of LED product production enterprises, in order to occupy a space for one person in the market, so it is necessary to have the product supply chain, financial strength, technical strength, large production scale, strong market development ability of the several elements, are indispensable.

Goodwin said, this is not the copycat mobile phone era, the key is not in the price, but in the market, from the beginning of 2010 the whole industry competition is very fierce, now is large, industry consolidation intensifies. In his view, small and medium enterprises to create their own brand, will face the market does not recognize the situation, to expand sales channels; to do the processing is also very difficult to succeed, on the one hand is the industry specialization is very small, not easy to enter, on the other hand, the small and medium-sized enterprise production scale can not be expanded, there is no effective means of competition the resistance of large enterprises.

For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).