Shenzhen LED Association: the collapse of the enterprise is purely false rumors

November 3rd, Shenzhen LED Industry Association held a forum, the situation of Shenzhen LED industry report before the three quarter, and that "90%LED business losses", "Shenzhen 80 - 100 LED business failures" untrue rumors. The forum a total of Shenzhen municipal government, Baoan District government, research institutions, associations, enterprises and financial institutions, the media representatives of more than 50 ginseng.

Earnings in the steady rise in the LED industry

According to the Federation released information, Shenzhen LED industry before the three quarter running smoothly, although the third quarter decline in late October, but has rebounded trend, most of the enterprises will achieve the expected annual growth and profitability, Shenzhen LED industry overall growth in the range of 25% - 30%.

It is reported that since the third quarter of 2011, the European and American economy, domestic monetary tightening, LED lighting market started slowly and so many factors, before the fame, soaring LED industry suffered a "crisis of confidence", excess production capacity, reduced orders, falling profits, business difficulties, patent blockade and other bad news followed.

Federation executive vice president and Secretary General Gui Shirong pointed out that, according to the Federation of monitoring of economic operation of 450 member enterprises, and individual enterprises operating difficulties, union is the same industry organizations and financial institutions for their corporate restructuring.

Multiple positive LED industry ushered in the turn

Gui Shirong admitted that the environment is not good, the third quarter of LED companies, especially small and medium enterprises is not easy, but did not use the rumors so bad.

Federation of analysts believe that poor performance in Europe and the United States is one of the main reasons. European markets due to the impact of European debt, in 2011 the European LED lighting market of about $2 billion, accounting for about 28% of the market, lower than expected. Next year is expected to achieve rapid growth in 2015 will exceed $10 billion scale. In addition to the needs of Japan and Europe and the United States, Australia and other countries have begun to replace the LED street lamp.

At the same time, out incandescent roadmap has been released, from next October 1st, banned the sale of 100 watts and above ordinary incandescent lighting, October 1, 2016, banned the sale and import of 15 watts and above ordinary incandescent lighting, thousands of billions of market size.

LED industry tomorrow confidence is more important than gold

Media meeting, Chau Ming Technology (300232, stock it), Latiya, long express optoelectronics companies as a representative of the three companies to speak. Chau Ming Technology chairman Lin Mingfeng said, LED industry tomorrow, confidence is more important than gold, I hope all enterprises and suppliers to join hands to jointly promote the healthy and orderly development of the industry.

Federation as a petition form called on all sectors of society, strengthen the development of strategic emerging industry confidence, promote the LED industry transformation and upgrading, the whole industry is with wind and rain rainbow, collaborative innovation, to meet the challenges, the integration of resources, development.

Gui Shirong revealed that the Federation will be seven starting point, help enterprise growth. One is in the Shenzhen municipal government under the leadership of Shenzhen city to carry out "to develop the LED industry technology roadmap", the annual release of "blue book" the development of Shenzhen LED industry, providing strategic planning and policy advice for the government to promote the development of LED industry. Two is to strengthen cooperation with ZHAGA and other international organizations to carry out quality standards research and testing certification services. The three is to give full play to the role of Federation of LED patent alliance, and strengthen the institutions of Taiwan Industrial Technology Research Institute, Hongkong Institute of Applied Science & technology and cooperation, active dialogue with OSRAM, PHILPS and other international manufacturers and cooperation, to avoid the risk of patent. Four is to set up a joint innovation center in Shenzhen semiconductor lighting industry to promote common technology research and achievements transformation. Five is to strengthen the Shenzhen University, Tsinghua University and Peking University Shenzhen Institute of cooperation, LED professional and technical personnel evaluation and training. Six is the implementation of the introduction, go out of the sales model, the proposed government to increase the LED product demonstration and promotion efforts. The seven is to further improve the innovation mechanism of small and medium enterprises, strengthen the LED oriented small and medium enterprises credit guarantee and financial support of small and medium-sized enterprises to solve the financing bottleneck of innovation and entrepreneurship; to encourage mergers and acquisitions of small and medium-sized enterprises LED, expand the scale of production.