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LED Enters Into Golden Years

In a variety of predictions and expectations LED market has finally become a reality in 2014. The first half of 2014, LED listed company finally changed the situation of income does not increase profits, hand over the beautiful performance of the respondents, which is undoubtedly a reflection of the current LED market boom. Domestic leading enterprises Sanan Optoelectronics chip when notice issued performance, said the company expects first half net profit rose more than 40%. Company explained that, with the penetration of LED lighting, LED demand, the deadline has not yet slowed. During the reporting period, the company's production capacity to further improve profitability continued to improve, the situation appears significant increase year on year performance. LED Faucet Hongli Opto-electronic packaging has also released results notice, said the first half net profit up by 35% to 60%, Hongli Opto-electronic explained in the first half 2014, LED lighting market demand continues to improve, the company seize market opportunities, effective release of the company's production capacity, the company maintained a steady growth in the core business. It is understood, LED lighting products prices have been an important driving force leveraging industry bigger cake, the last chip, packaging and other industries raw material prices fall, leading to lower prices of LED lighting products, LED lighting shipments increased reverse actuation chip package such as increased product consumption, a big cake, but no increase in corporate profits and. During the Guangzhou International Lighting Exhibition, many respondents expressed concerns about the increased profits of the enterprise income difficult. This year, the LED industry chain increased profits to the industry reason for optimism. Zhang standard LED industry experts said that with the expansion of the scale and enhance cost control capability, LED related products prices have been lower than the decrease in the magnitude of cost reduction, corporate gross margin increased gradually. Dou Linping Secretary-General of China Illuminating Engineering Society, said that in 2013 China's lighting industry output value of about 480 billion, is expected to LED lighting penetration rate by 2012 10% 2013 20% increase to over 40% in 2014, successive 3-4 years maintain 100% compound growth. Chinese lighting industry will form over the industrial scale trillion, driven in LED lighting. The replacement and control wheel driven, LED lighting industry is expected to usher in a decade of rapid development.

    
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