Last year, the total output value of my country's LED industry was 206.8 billion yuan, a year-on-year increase of 34%.

"The main driving force of the last round of LED boom cycle was the demand for liquid crystal backlights. Backlight products have high technical requirements. Companies in the United States, Japan, South Korea and Taiwan have focused on the backlight market with high technology and good profits. On the other hand, Chinese mainland companies have limited technology accumulation and mainly undertake display projects. Overflow orders such as screens are relatively marginalized. "Xu Wenhui said, "The main factor in the recovery of LED demand this time is lighting. The requirements for LED chip technology in lighting products are generally lower than those for backlights. In the past few years, domestic LED chip leading companies have made significant progress in technology through R&D investment and talent introduction. "