In 2014, China's LED industry 'mixed temperature and cold'
Since the beginning of this year, the LED industry has been mixed in cold and warm conditions. On the one hand, it is the high prosperity of the industry that securities firms have been touting since the beginning of the year, and on the other hand, it is the continuous exposure of running events.
The LED industry is gradually moving from a growing period to a mature period. Although the rapid growth of the industry continues, the pressure faced by enterprises will not be small at all. In this process, it is inevitable that big fish will eat small fish, the phenomenon that fast fish eat slow fish will gradually reduce the number of enterprises due to mergers, acquisitions and exits. Senior analyst Wang Fei said. The high prosperity of the industry is not a blow.
From the first three quarters of 2014, the report can be seen in the tube. Among the 20 listed companies that mainly focus on LED-related businesses, 15 have ushered in the performance of increasing revenue and increasing profits.
The expansion competition in the chip field is still on.
The production capacity of mainland chip Big Brother San 'an Optoelectronics has been ahead. On April this year, it was announced that it would invest 10 billion yuan in the construction of blue-green extension and chip production lines, with a total scale of 200 MOCVD (Based on 2 inch 54 pieces)
In the first phase, 100 MOCVD devices were started.
Huacan Optronics expanded against the market two years ago when the chip was in a downturn, regardless of costs. First, it set up a wholly-owned subsidiary in Zhangjiagang with raised funds after listing. The company's production capacity is twice that of Wuhan's parent company, this is equivalent to three times the original production capacity.
Even the low-key and cautious Qianzhao Optoelectronics announced in July this year that it would expand its total investment by 5 billion yuan and add 100 MOCVD equipment, among them, the 50 new MOCVD equipment in the first phase of the project will be put in place and produced by the end of September 2015.
The expansion of production is not only in the chip field, but also in the packaging field.
Hongli Optoelectronics currently has a packaging capacity of 1500KK per month, compared with 800KK at the beginning of this year.
After Hongli acquired smade Optoelectronics, the total capacity of dahongli will reach 2000KK/month, of which EMC capacity alone will reach 600KK (
Hongli 200KK smade 400KK), In the second position in the country.
Hongli will continue to inject capital into Smythe to continue to expand its EMC capacity.
When it comes to big data these days, what Jason does not lack is big and scary big data.
Lin Jiliang, general manager of mulinsen lighting, said that mulinsen had a monthly production capacity of more than 20 billion LED devices in 2014 and continued to expand production at a rate of more than 1 billion devices per month. It is estimated that the production capacity will reach 30 billion devices in 2015.
Under the release of such large production capacity, small companies can't fight for production capacity, and they can't fight for prices. Without capacity advantage, there is no price advantage.
Industry insiders say bluntly that enterprises with small scale and similar product routes to Jason are basically pushed to the edge of the cliff, either jumping off the cliff or turning around and attacking other product lines.
Although the industry is maturing and the growth rate will decline, prices will tend to be stable and the profits of the industry will gradually return to normal economic profits.
However, large enterprises hope to increase their market share by continuing to expand and occupy a favorable position in this survival competition. Wang Fei said.
Different from the large-scale expansion route of large companies, the fate of small companies is rather miserable.
The reshuffle of the LED industry in 2014 is still accelerating, and there are naturally many people who have been washed away.
This year, it was Li Hefeng technology (Shenzhen)
Limited Company, Zhongshan Fengguang lighting, Jiangmen jinqiutian lighting, Zhongshan haosai lighting, Sichuan Yuanli Optoelectronics, etc.
According to statistics, from 2011 to 2014 this year, the number of LED enterprises involved in the public newspaper run-off incident exceeded 18, which did not include those enterprises that closed quietly.
A person in charge of a private enterprise who did not want to sign his name looked sad. The industry situation is changing too fast. It is not easy for small-scale companies to survive in the cracks. Those listed companies easily invest hundreds of millions of capital, if you don't blink your eyes, the future war will be more intense. Whoever can survive depends on each skill.
Borrowing a word to close the tail, the Americans invented things, the Japanese made it fine, the Koreans made it cheap, and the Chinese made it no money.