Ready to help usher in the spring of three elements LED

At present, LED is used in the signal lamp, display screen, backlight has gradually matured, lighting will become the main driving force for the future development of the market. CIC Securities believes that the next few years, the LED display industry can maintain an average annual growth rate of 20% to 30%, while the annual growth rate of LED lighting market will be more than 50%. In the long run, LED lighting market prospects, but in the industry reshuffle, the ultimate growth of the enterprise will only be a minority. The industry experienced late spring coldness, ultimately what kind of enterprise can spring?

Technology, financial resources, contacts three elements are indispensable

According to the current status of the development of LED industry, with three elements of the enterprise is expected to win in the fierce industry reshuffle. The first is the technical foundation; the two is the financial strength; the three is the social resources. "Dr. Corey medium general manager Zhong Qun told reporters.

Technical foundation is very important. Enterprises to introduce real technical talent, the top management must have a professional vision and industry judgment. If companies only attach importance to the expansion of equipment capacity, rather than technology research and development, it is easy to be eliminated. Qilu Securities analyst Lin Jianhui said. Reporters also found that, at present, China's LED lighting products are mainly export-oriented, large-scale enterprises are to PHILPS, OSRAM and other enterprises to do oem. Good quality lighting products, the chip is also based in Taiwan, China, South korea. Domestic chip quality is relatively poor, less than 20% of the brightness of imports. High engineering LED institute director Zhang Xiaofei told reporters. Thus, if the domestic chip manufacturers do not work hard on the technology, it will be difficult to share the feast of LED ordinary lighting market.

LED to enter the lighting industry, the beginning may be municipal engineering, so the enterprise has a very important social resources.

Specific to the listed company, the upstream chip companies, such as Elec-Tech, Sanan optoelectronics, money and social resources is strong, but the lack of technical basis. However, after ten years of trial and error, at present in Sanan Optoelectronics Technology also has some accumulation. The bell group added.

At present, China's LED upstream chip enterprise profit model is mainly a huge subsidy + government orders, which can be seen from the announcement of the listed companies and earnings. In 2010, three optical net profit of 420 million yuan, of which 253 million yuan of government subsidies, accounting for 80%, which does not include the net income subsidies are not included in the year. Statistics show that in 2010 an optoelectronic three a total of up to 700 million yuan subsidy. The first half of 2011, three optical performance is still relying on government subsidies at high. The future of China's chip companies can gradually get rid of dependence on subsidies, throw away crutches to walk, but also rely on the accumulation of enterprise technology and its own growth.

Star enterprise ready

Packaging and application industry, honglitronic and REFOND is recognized by the power company. China Securities research found that the domestic LED packaging applications listed companies have their own characteristics.

From the analysis of the technical level, REFOND is the leader in LED packaging technology, followed by honglitronic; Lehman photoelectric, Chau Ming technology and Alto electronics in the LED display technology.

From the analysis of the application of our products in the field of LED lighting, the proportion of total revenue income of the highest honglitronic, about 80%, followed by REFOND, about 53.5%; in the LED backlight field of the highest proportion of income for REFOND, about 34%; the remaining manufacturers most revenue comes from the field of LED display.

From the analysis of the development strategy, honglitronic both the importance of technology, and the importance of marketing, the main development of LED lighting field; REFOND pursuit of leading technology, focus on the development of LED LED package, the main lighting device and backlight device.

From the current analysis of the size of the LED lighting business, the domestic LED packaging applications listed companies in addition to Ruifeng photoelectric focus on LED packaging, the rest of the companies are cutting into the LED lighting market. But in the first half of this year, the company's LED lighting business income scale is relatively small, the largest honglitronic, reached about 70 million yuan, nationstar second, to about 65 million yuan.

The comprehensive strength of various aspects, honglitronic and REFOND have first mover advantage, probably the biggest benefit in the development of LED lighting products.

Currently, the A-share market has not been based on LED lighting terminal products listed companies A. However, the main research and development, production and sales of semiconductor lighting products and LED lighting solutions for users of the KingSun in October 26th will be successful, the first application by the Securities Regulatory Commission audit. Dongguan will add a listed company, A-share market will also have a LED lighting industry based company A.

As optimistic about the market prospects of LED lighting products, traditional lighting companies such as sun lighting, FSL is accelerating the transition to the emerging lighting industry, in order to meet the arrival of the era of LED". "For the traditional lighting companies, enter the LED lighting industry has its own advantages, such as brand advantage, lighting design advantages, channel advantages, but now it is too early to talk about the benefits of listed companies can be a little. Everbright Securities (601788, stock it) analyst He Wei said. Currently LED lighting in the street, factories, offices and shopping malls have begun to replace the initial application, but to enter the field of home lighting is still a long way to go.