LED products will cut prices 20 percent this year, the industry in the context of weak macroeconomic growth optimism production and sales, the manufacturers are still competing for the expansion, the relevant standard is also highly competitive. The new vice president Dai MOSO listed company, said: 2014 is widely considered the turning point in the development of semiconductor lighting industry, LED industry to pick up, many companies are reflected in the early results have been achieved substantial growth. Two or three years will be the rapid development of the industry, will be launched in September last year the market had started in May and June, the company's sales doubled compared to the current and earlier. Zhang Ke from  OSRAM said yesterday: "This year the price of LED lighting industry will drop 20 percent is the most profitable part of the semiconductor lighting and automotive lighting.." China, Tang Guoqing, general manager of Samsung LED also said that the current price has dropped to LED lamps considerable level with the traditional lighting, LED will be lighting the next decade protagonist. However, the industry but there is lack of standards. This reporter has learned, LED illumination components market also kicked off the illumination light component is toward national standards direction.