Wu Changjiang: LED industry integration determines the future of the industry

The day before, two days and 2013 China (Zhongshan) industry conference held in LED in the middle and lower reaches of Xiaolan Town, Zhongshan City, the relevant government leaders, industry experts and scholars at home and abroad, the downstream LED industry elite and supporting manufacturers gathered together to summarize the past year LED industry development experience and the existing to explore the development trend of the downstream industry, LED industry and strategy in 2013. Among them, the Alliance (CSA) Deputy Secretary General Mr. Geng Bo, State Key Laboratory of semiconductor lighting joint innovation comprehensive, vice president NVC [1.98 4.21%] President Mr. Wu Changjiang and other 8 speakers around the LED industry, published a wonderful speech.

As we all know, overcapacity, blind production, vicious price war...... Over the past two years, the plight of the LED industry intensified, industry consolidation is only a matter of time. Recently, NVC and Elec-Tech [6.71 -4.82% funding research report] alliance, LED lighting industry integration sounded the first bugle, is still a hot industry concern.

At the meeting, NVC President Wu Changjiang to "NVC and Elec-Tech cooperation" as the starting point to "industrial integration and industry in the future" published his views.

Wu Changjiang said, to use a word to sum up the current situation of the domestic LED industry is troubled, as the saying goes, troubled heroes, so for many LED companies is now a huge opportunity. "China opportunity is very good, should be mutual integration between enterprises, LED is a light source, is a standard thing, will be more large-scale development, so the strong combination, integration and restructuring is the only way which must be passed, only to make good use of market, the rapid development of enterprises. "

He said, in the early years has been in the planning of NVC integration, but did not determine the specific cooperation with which enterprises, so the Elec-Tech cooperation is not outside the speculation of the dispute between shareholders, but strong cooperation. It is understood that, as a leading position in the domestic lighting industry, NVC, the brand appeal and strong channel advantage in the circle of NVC. This is obvious to people, the quality of assets, is also a formidable force for competition. This is just to make up for the short board of elec-tech.

Good see road experts said Wu Changjiang, this integration risk, more opportunities, given the leading position of NVC's industry, and the position of Wu Changjiang in the lighting industry, and Elec-Tech convertible feat, to catalysis and critical role for the transformation of the lighting industry. The analysis thinks, Elec-Tech can take to expand downstream applications, at the same time the use of LED lighting products NVC's strong brand and sales channels of its own, NVC can also take control of the upper reaches of the industrial technology, products and resources, make up its own shortcomings, the LED industry outlook to see the high line.

Goldman Sachs also released a research report to maintain good long-term growth prospects of LED lighting. Is expected to LED lighting demand will maintain long-term growth since this year, the main benefit from the demand with the LED lighting product price decline and growth, technological progress has reduced the production cost, and increase government support etc.. Goldman Sachs optimistic about the downstream market share leader, believes that such enterprises should be able to benefit from the 2013 LED lighting demand accelerated growth.