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Some media recently published an article titled Practitioners Interpretation of the Top Ten Bankruptcy Industry, and listed the LED industry as one of the top ten banks that are about to go bankrupt. The argument is based on the current domestic LED market's overall lack of demand, overcapacity, and many small businesses have closed down.
It is precisely this LED that is predicted to be bankrupt, which is one of the industries that Chancheng District Government has strongly supported and promoted this year. Despite the continuous expansion of government procurement, the majority of SMEs still feel the way forward. Will the LEDs change into the sunset? Can the price of LED fall to the same level as ordinary lighting? Where is the Zen City LED Road?
Recently, Wu Yulin, president of Foshan Lighting Association, answered the enthusiasm of Chancheng LED industry. Wu Yulin is also an industry insider. His Foshan Kaixiou Lighting Co., Ltd. is actively engaged in LED health lighting research. LED will be brilliant at least for the next ten years, Wu Yulin judged.
Dialogue character Wu Yulin, president of Foshan Lighting Association, chairman of Foshan Kaixiou Lighting Co., Ltd., is known as the first person in China's mood lighting.
LED will never be the next PV Southern Daily: LED is listed in one of the upcoming banks, do you agree?
Wu Yulin: There is a saying that the chip 90 relies on exports and overcapacity. LED seems to be a replica of the photovoltaic industry. Some experts even predict that LED is the next photovoltaic!
The person who made such a conclusion to the LED industry is actually a layman. Is the LED industry in recession? LEDs are now growing at more than 30 per year, and this year's speed will exceed 40. How many industries can do this? This year's Hong Kong Autumn Lighting Fair, more than 95 exhibited are LED products. The recession may be a phenomenon of some enterprises. LED has not really been brilliant, and it is now in a stage of rapid development, especially in China.
I told you one thing. In August and September of this year, a lighting company in Foshan cut the entire energy-saving lamp department. Because the energy-saving lamps could not be sold, there was no sales, and LEDs could not be done. I went to some places to see that there are many traditional businesses in the lighting industry. According to the research report of the association, in a professional market specializing in the production of energy-saving lamps, enterprises that produce energy-saving lamps are closed every day. Because LEDs have completely replaced energy-saving lamps, LEDs will surpass energy-saving lamps and energy-saving lamps. The time to enter the museum will not be too far.
Therefore, LED can't be a recession industry. Just like a young man full of vitality, because of the groping growth, it will inevitably take a detour, but the front is full of hope, and the future prospect is bright. The so-called bankruptcy statement, like other industries, has to go through a process of survival of the fittest and the survival of the fittest. Without a reasonable cycle, there will be no new life, no breakthroughs and innovations, but it will affect the rapid development of the LED industry.
It doesn't take two years for LED prices to be comparable to ordinary lighting. Nanfang Daily: Many small businesses are struggling with the cost of LEDs. Can technology reduce the price of LEDs?
Wu Yulin: It doesn't take 2 years, the price of LED can be similar to ordinary lighting. In fact, some LED products are now cheaper than ordinary lighting. Electronic products have such a trend, such as mobile phones, when they first came out, there were one or two thousand, and now there is one for 499 yuan. A reduction in cost and price through technical means is achievable. This also shows that the LED industry will not decline, at least in the next decade will be brilliant.
Imagine that there are more than 400 million households in China. Each family uses only three LED lights, and there is at least 30 billion yuan in market size. There is still no international market here. In addition, LED itself has too many advantages, suitable for individual design, so it is natural to become the new darling of the government and enterprises. The alternative market will only move forward and will not move backwards.