LED lighting market is approaching a breakthrough point, undercurrent of industry mergers and acquisitions

The LED lighting market is approaching a breakthrough point. Undercurrents of industry mergers and acquisitions Sun Yanbiao 　　 On the eve of the advent of the LED general lighting era, a wave of mergers and acquisitions is surging in China's LED lighting industry. 'Next, NVC will meet the needs of the domestic and foreign LED lighting market through industry integration and mergers.' On the day, NVC Lighting (.HK) Chairman Wu Changjiang revealed to the '** Finance Daily' that NVC is currently looking for In the LED field, domestic and foreign companies that have core technology, certain channels, or complementary products with NVC Lighting, can enrich the LED products of NVC Lighting. 'NVC Lighting has formed strategic partnerships with LED giants such as Cree and Taiwan Epistar. The global LED lighting market has reached a breakthrough point because the product price is relatively reasonable, and the product technology and quality are mature.' Wu Changjiang said.　　Actually, Zhenmingli (.,-.,-.%, real-time market quotations for the economy) (.HK) and Sunshine Lighting (.SH) have already taken the lead in launching the overseas LED lighting market by means of mergers and acquisitions.　　 On the day of the month, Zhen Mingli announced that it would acquire HCI in the United States at a consideration of ten thousand dollars. The announcement shows that HCI is a design, production and distributor of commercial professional LED lighting products, and has a wide range of architectural designers and distributors in the world. Prior to this, Zhen Mingli also acquired Ilio International and American Lighting, two superior companies in the North American LED lighting market.　　 After Sunshine Lighting acquired a% stake in Hangzhou Hanguang Lighting at a consideration of 10,000 yuan, it also held a% stake in Japan's LIREN Company at a consideration of 10,000 yuan.　　 Zhenmingli President Fan Banghong said that the acquisition will strengthen the sales force of Zhenmingli LED lighting and lighting products in the United States and Canada. Sunlighting said that Japan's LIREN company has rich experience in LED lighting products. Through the cooperation between the two parties, the manufacturing level of Sunlighting LED light sources will reach the same level of Japanese or international manufacturers. 'BDO Runda will also carry out some strategic mergers and acquisitions in the country.' Wang Donglei, chairman of BDO Runda (.SZ), told reporters that according to the current development progress of the domestic LED industry, and domestic MOCVD equipment (LED chip production equipment) to From the perspective of production and production progress, LED light sources may drop to US$ per watt by the end of this year, and this price is only .~. times the current price of energy-saving lamps. 'When the price difference between LED products and energy-saving lamps is only. , The LED lighting market will suddenly enlarge. It is estimated that the replacement rate of energy-saving lamps in China will reach %, and that in the European and American markets will reach %.” Wang Donglei also revealed that by the end of this year, BDO Runda will have a set of MOCVD equipment into production.　　Wang Donglei’s statement seems to just explain the merger of Zhenmingli and Sunlight Lighting. They are planning to rush to the LED lighting market on the eve of the advent of the LED lighting era to grab the LED lighting market that may suddenly be enlarged. 'Everyone expects to use acquisitions to make up for their shortcomings in the industry and channels.' Gaogong LED CEO Zhang Xiaofei pointed out that traditional lighting manufacturers represented by NVC Lighting still have shortcomings in LED lighting research and development and core technology. LED vertical integration companies represented by Zhenmingli naturally lack overseas channels and brands. “Mu0026A is undoubtedly the best way to quickly enter and grab the LED lighting market.” With the concept of LED, acquisitions are also easy. Get the support of the capital market.　　 Based on this, the LED lighting industry has been shrouded in the atmosphere of 'big fish eat small fish'. 'Because lighting companies want to take advantage of the transition to LED lighting, quickly become stronger and bigger, and change the traditional lighting market's pattern of hilltops.' Zhang Xiaofei said. At present, there are more than 10,000 lighting companies in mainland China, and the total sales of the top three, including NVC Lighting and Philips, only account for about .% of the total sales of lighting products in the mainland. It is difficult for ordinary energy-saving lighting products to be in the market. Separate the high and low, the future competition focus will be on LED lighting.