Hard to stabilize the price of weak LED industry restructuring

Recently, Shenzhen several large scale LED downstream enterprises go bankrupt, the mainland has been China winter enveloped LED industry is undoubtedly one disaster after another. The industry believes that 2012 is the transition Chinese LED industry of the year, at present, in the upstream manufacturers have conscious control of production capacity, product prices have stabilized, but the amount does not increase significantly, the upstream overall overcapacity situation will continue.

In the recently held an internal meeting of LED lighting industry, insiders pointed out that this year, the local government to end upstream manufacturers purchase subsidies and the mainland 5 machine idle rate means crazy expansion two years ago upstream of the LED industry has come to an end.

Experts said, LED industry, China downstream biggest application market also began to shift from the backlight to the lighting. Statistics show that last year more than 7 of the mainland LED lamp production capacity, but with the continued downturn in the international economy, many companies have focused on overseas attention back to mainland china. The industry believes that with the national policy and local support for the second half of the year to clear, public lighting will enter next year's rapid growth this year, while the indoor lighting civilian is expected to enter a rapid development period in the end of 2014.