LED industry's trials and hardships

At the time of the country's vigorous reform, many good reports of the LED industry also opened a new path. Data released by several institutions show that the LED lighting market is expected to grow from 7 billion euros in 2010 to 40 billion euros in 2016. It is estimated that by 2020, the revenue of the LED lighting market will approach 65 billion euros. it accounts for nearly 60% of the lighting market. China's LED industry has made continuous progress in industrial scale, industrial technology and product application, becoming a major manufacturing base for semiconductor lighting products. In 2013, the industrial scale exceeded 250 billion yuan. However, in the field of technology known as hard bones, there are also frequent good news. Not only has great breakthroughs been made in the key technologies of the industrialization of power-type white LED chips, but also the core technologies of major equipment have been substantially and gradually promoted. In addition, the large-scale system integration technology research and major application effects are remarkable. China has become a major producer and exporter of LED full-color display, Solar LED, landscape lighting and other application products. Facing the lighting market that is about to usher in explosive growth, LED enterprises must continue to innovate, reform and develop if they want to stand out from the competition. even through mergers and acquisitions, resource integration, strong cooperation, complementary advantages to enhance the overall strength, in order to occupy a competitive advantage when the market really erupts. In addition, China's LED industry is in a critical period of transition towards competition and quality improvement. In order to successfully cross the trap of foreign patent layout and continue the rapid growth period of LED industry, we must accelerate the transformation of development mode. further pay close attention to the quality of industrial development, break the constraints and obstacles such as price war, quality door and homogeneous competition, and continue to firmly promote reform and innovation in key areas and key links. Development requires great courage and meticulous wisdom. Enterprises should focus on three aspects to fully promote: ensuring the quality of products, standardizing the market and strengthening consumers' consumption confidence; Pay attention to cultivating brands, expand consumption channels, and encourage mergers and acquisitions to expand and strengthen industries; Increase research and development efforts and actively promote innovative applications. The development of LED has lasted for more than ten years, and now it has reached a new stage of appropriate speed-up and acceleration. To borrow the words of Premier Li Keqiang, we must show the determination and courage of a strong man to break the wrist, and show greater determination and courage than at the beginning of development, get rid of the homogeneous competition minefield, break through the shackles of price war, and be brave in product innovation and form synergy. face the challenge and create a new glory for the development of the industry. Where is the opportunity, only the revolution. Why is the breakthrough, only the new. Only by continuing to rely on reform and innovation, further deepening the development of the industry, starting again through trials and hardships, and striving forward, can the LED industry drive rapidly on the fast lane of scientific development. realize the historic leap from a big country in LED industry to a powerful country in LED industry.