Listed companies get involved in LED trends

Overcapacity, rising costs, falling profits ... ... Although the LED industry all things beings, but still can not resist the pace of business into the LED industry.

LED lighting will reach its peak by 2018. If Jingdian does not expand production, it will increase its competitors. According to Li Bingjie, chairman of Epistar Corporation, the potential of the LED lighting market in the future is quite large, so expansion has become inevitable.

"Under the current background of LED being shuffled, who owns the core technology and the key team, whoever grasps the laws of the market will be able to take a place on the market," said Shen Yulong, director of the Investment Promotion Bureau of Nanjing Economic and Technological Development Zone.

From June onwards, listed companies appear to have agreed to invest in or overweight or switch to LED business, which seems to indicate a new round of LED investment boom. However, this time, they are more targeted at the LED downstream industry, namely the lighting market.

“New Industry” reporter learned from Dongshan Precision’s announcement that the company will establish Suzhou Dongshan Lighting Technology Co., Ltd. together with its wholly-owned subsidiary Suzhou Yongchuang Metal Technology Co., Ltd. According to the announcement, Dongshan Lighting has a registered capital of 20 million yuan, mainly engaged in the consulting, design, service, sales, and contract energy management of LED lighting products.

The reporter also noted that on June 26, Nanjing Jingjing Optoelectronics Technology Co., Ltd. invested RMB 3 billion to develop a high-brightness LED production project for high-speed heavy-duty gear products, Nanjing High Precision Transmission Equipment Manufacturing Group Co., Ltd. .

Panasonic will enter the domestic LED lighting market in Mainland China in July this year. There will be 18 LED lighting products, including 2 ceiling lights and 16 LED lights. Downlight, and plans to expand the number of products to about 60 this year.

In addition, IRICO, which is engaged in the business of liquid crystal displays, PDPs, and organic EL displays, has also been involved in the LED lighting business. The company initially invested 180 million yuan and established 21 fully automated LED packaging lines. BOE, a well-known manufacturer of LCD panels and display panels, is also actively involved in the field of home lighting, and put forward the concepts of “Warm”, “Comfort”, “Quiet” and “Humanity”. The goal is to use LED light to create a comfortable space.

On July 3, the announcement of Guangzhou Iron and Steel Co., Ltd. announced that the company received the “Notice on Financial Subsidy Adjustment of LED Projects of Guangri Co., Ltd.” from Guangzhou Finance Bureau, which was transmitted by Guangzhou Guangri Group Co., Ltd.

The "Notice" indicated that the municipal government originally planned to allocate RMB 100 million to the financial subsidies for Guangzhou Guangri Co., Ltd.'s LED projects in 2012 and 2013. It is now adjusting to subsidy of RMB 200 million for the reorganization of Guangzhou before June 30, 2012. Iron & Steel Co., Ltd. uses funds for LED projects.

LED lighting is the largest market in the future. No matter whether it invests in upstream, midstream or other supporting materials, it sees this market. For new entrants, whether or not they can persist until the end is the key to success, so investment LED lighting is a trend, but the risk remains, an industry analyst said.

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