In 2014 , the beginning of the LED story does not belong flat, the wave of recent industry consolidation is more intensive and more violent than expected. Sanan Optoelectronics , remote photovoltaic, power and other listed companies MoSo series of moves , it can not help feeling , the use of capital operation and investment acquisitions is becoming a trend in China Daxin LED industry, and the industry giants looming , also accelerated enterprises stand in the process . 2014 LED lighting has been put on the cloak of the outbreak, the rapid development of the industry are already visible , LED 's leading companies are actively expanding chip scale packaging industry is king , mergers and acquisitions for the enterprise production and operation efficiency, the most obvious the role of performance achieved economies of scale , the effect is that 1 +1 > 2 . And some large chip companies and enterprises in order to get through lighting applications upstream and downstream industry chain , may increase stake in packaging company .Of course, industry consolidation can also be expressed as a combination of domestic or foreign enterprises, which showed in the first quarter of this year to become more apparent. The current combination of catalyst is also different . First, China LED enterprise strength continue to grow, especially in the aggregation effect Sanan Optoelectronics and other leading enterprises gradually formed , the future will even force companies stand appeared camp of .Secondly, the expansion of the chip , packaging companies what they need , in order to guarantee stability and digestive capacity upstream , strategic cooperation . Recently, three optical and the National Star Power signed a " strategic cooperation agreement " , the two sides will be purchasing, supply LED chip project-based , to promote strategic cooperation and the time for the entire relationship .Again, cooperation with foreign companies, has also been seen as a domestic LED enterprise product to the world, the ways and means to produce high-end market effects. As Sanan Optoelectronics to form a joint venture with Seoul Semiconductor , as pro- Cheng , " can be seen in the foundry Saman , but more important is the chip sales to the sea rush to quickly open , especially in the new round of under the chip industry capacity expansion in the background . " while John Chau Ming Technology subsidiary source of lighting teamed Samsung LED, LED light source means that Samsung's devices, market acceptance will be much higher , so the LED lighting electricity supplier brand more competitiveness. There is the localization of technical standards and technological content of products significantly improve catch even surpass foreign companies , but also for the cooperation between enterprises to provide a guarantee . For example , the strategic cooperation with Hangzhou Hongli Opto-electronic focus on intelligence related to future production equipment , high-end equipment is considered to be the market mainstream domestic mark .From a policy perspective, the policy environment facing the LED industry mergers and acquisitions in the future , the market environment is increasingly relaxed. Recently, the State Council issued "on the further optimization of corporate mergers and acquisitions market views ," according to the "opinions" content , in addition to " backdoor listing ", " issued shares to buy assets " requires the Commission for approval , other administrative review of mergers and acquisitions were canceled . Market generally believes that this is a signal mergers and acquisitions deregulation , the market will set off a wave of mergers and acquisitions in the capital markets , mergers and acquisitions greatly reduce cost .