For its 3 days of 2014 China (Jiangmen) The green light source Expo closed on the 21st. What is the current market situation for the LED industry that is disturbing the clouds, where is the industrial development goal of Jiangmen, and what are the new trends in the future development of the industry? The reporter learned that due to the serious phenomenon of industry elevation, the LED industry has overcapacity, and the fierce competition will also give the market a chance to reshuffle rapidly, more small businesses are expected to withdraw from the market in the future. With the research and development of LED technology, the industry will no longer only pay attention to the traditional lighting field in the future, but will develop into plant lighting, internet of things technology and other aspects. In October 19, financial expert Ye Tan said in a speech to the LED industry forum that the LED industry will also usher in the era of mergers and acquisitions and develop and grow in it. Ye Tan said that the data she has show that hundreds of companies in China have achieved mergers and acquisitions last year, and the next few years will be a key year for Chinese companies to merge and reorganize. Referring to the LED industry, Ye Tan believes that enterprises cannot escape this economic phenomenon if they want to develop. Although there are many LED enterprises at present, they will definitely face a fierce reshuffle, through mergers and acquisitions between industries to reorganize the game of big fish eating small fish, I believe that there will be dozens of companies like Foxconn left in the LED industry in the future. High-tech will be the development trend. At this optical fair held in Jiangmen, some manufacturers have begun to show new cutting-edge technologies in the development of LED industry, including the application of LED lighting in plant lighting in the future, and Lifi network in the internet of things era. The reporter said that in addition to traditional lighting, the LED industry will also transform to new technologies in the future, including plant lighting. According to reports, at present, Jiangmen has started this new technology application, and began to use plant lighting to grow rare medicinal materials in Yunnan. According to reports, sunlight is colorful light, but the wavelength of light required by different plants is also different, and a lot of light is wasted, while plant lighting is to select the corresponding light for illumination according to the light required by different plants, thereby promoting its growth. With the breakthrough of technology, plant lighting will be industrialized in the future and become a new development trend of LED lighting. Lifi network is another new field in the LED industry. Lifi, also known as visible light communication, uses LED bulbs to illuminate to transmit information. Lifi signals exist wherever the lights reach, for people to surf the Internet freely. Lifi is the same as WiFi, but it is more convenient and faster than WiFi. As long as there is an LED bulb, it is equivalent to a router sending information.