[Introduction] In the context of the revenue multiplication plan, China will enter a stage of consumption upgrading. In the context of the revenue multiplication plan, China will enter a stage of consumption upgrading. In 2014, the LED industry will begin to reshuffle, and the probability of survival of enterprises with turnover below others is not high. In 2014, the photovoltaic market in China and the United States will remain the main source of the increase in the photovoltaic market. Domestic distributed photovoltaic power generation has great development space. 2013 is an exciting year. Due to the rapid development of the lighting industry, the production capacity of the upper, middle and lower reaches has been brought into full play, and overcapacity has also been slowed down. 2013 is also a year that makes people in the industry very anxious. Although there are many orders and revenue has increased, the gross profit margin of enterprises is getting lower and lower due to price war. With the increasing maturity of domestic LED technology, the cost performance of LED lighting products is gradually approaching or even lower than that of traditional lighting, and the acceptance degree of consumers is gradually increasing. 2013 is considered a good year by many LED industry people. Product sales are booming all the way, but problems such as product homogenization, price war and low gross profit also plague the development of the entire industry. High-tech LED Industry Research Institute (GLII) It is predicted that the output value of China's LED industry will reach 263. 8 billion yuan in 2013, up year on year. In the next five years, LED applications will enter a slow growth period in addition to indoor and outdoor, automobile lighting and special lighting. The industrial chain has developed in an all-round way. Since the Ministry of Science and Technology launched ten cities and ten thousand lamps in 2009, the domestic LED industry has ushered in an investment boom, with various capitals pouring in, in particular, the excess investment in the upstream Sapphire and epitaxial Chip Fields is particularly serious. Upstream, the domestic sapphire output value is now, and the future output value will be. MOCVD ownership is, and future output will still be. In 2013, the total number of MOCVD stations in China reached 972, but the profit of a single station is still far from that of multinational enterprises such as Philips and Osram. The quality and cost performance of domestic chips have increased rapidly, which has also sharply lowered the price of imported chips. As a result, many chip factories in Taiwan cannot exist independently and must rely on production in mainland China and sales in the mainland. The fact that Taiwan's Qili and Jingfa closed down last year also verified this.