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Development of domestic LED Has Difficulty
LED lighting is known as "fourth-generation light source,in the past two years, however, the domestic LED industry has suffered serious overcapacity embarrassment. Major LED companies recently released 2012 annual report, the results of the general downturn. Industry forecasts, LED industry structural overcapacity situation will continue in 2013, related businesses will continue to digest inventory by cutting prices to gain market share. As one of the strategic emerging industries, LED industry triggered investment boom in the country in recent years, and became the darling of the capital market. However, since 2012, the industry suffered a widespread "were praised" the embarrassing situation, each company recently released 2012 earnings data is not satisfactory. At the same time, the the LED listed companies additional fund-raising plan is also forced to mortality. Recently, domestic LED leading enterprises Sanan Optoelectronics announcement that the planning, the market environment has changed, the company decided to terminate the two-year public issuance of A shares. According to the Institute of Engineering LED industry statistics, in 2012 China's LED chip average price year-on-year decrease of 32%, some products, such as screen with a small power blue and green LED chips average price decline of more than 50%. In 2012, the performance of China's LED chip industry for breakeven or losses, and eventually led to the majority of the business at a loss. The packaging industry in the middle reaches of the LED industry chain, LED lighting white packaged devices in 2012 ,average prices fell by more than 30%, LED packaging industry has gone through the era of high margin. Industry in downstream applications, the 2012 LED Tube, LED Bulb, LED panel lights, LED downlight and other indoor lighting products, the average price fell by 23%. To support the development of domestic LED industry, following a long ago LED be included in the government procurement list, the National Development and Reform Commission, Ministry of Science and Technology recently released a "semiconductor lighting energy industry planning, said it will gradually increase efforts to promote financial subsidies LED lighting products to promote the demonstration and application of LED products. This is considered to be conducive to the LED lighting in the various fields of application penetration can be described as a bright, LED lighting market prospects. Domestic LED industry in 2013, there will likely slow year. "Tang Guoqing said that the possibility of the 2013 LED market decline is almost non-existent, the Secretary-General of the China Illuminating Engineering Society semiconductor lighting technology and application of professional committees. For individual enterprises, the decline in the possibility will exist.
    
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