Core technology is still lacking LED lighting industry is facing shuffling
2019-05-08

核心技术依旧缺乏 LED照明业面临洗牌


'With the support of policies and funds, the LED industry may usher in a good development period, but if the lack of core technology is not reversed, the policy and funds may be in excess of the overcapacity of the LED industry.'


After experiencing the pain of overcapacity, falling product prices and the collapse of small enterprises, China's LED lighting industry has not painstakingly thought about it. Under the “instigation” of policies and the “urging” of funds, it has staged the development of “no core technology”. 


Recently, the Ministry of Finance, the National Development and Reform Commission, the Ministry of Science and Technology organized the '2012 semiconductor lighting products financial subsidy promotion project' bidding site, the National Development and Reform Commission clearly stated that in 2012 the Chinese government will spend 40 billion yuan for LED procurement, 30% of enterprises Financial subsidy. At the same time, the local government also began to respond. Guangdong Province said that from March 1 this year, all the financial projects and new planning and development areas invested by Guangdong Province will use LEDs in the public lighting field. A person in charge of a Shenzhen LED company expects that Guangdong will replace the street lights with LED lights in the next three years, which will bring a market of several hundred billion yuan.


At the same time, the IPO boom in the LED industry will continue to be staged in 2012. Currently, at least nine companies in the industry are waiting in line for listing. The data shows that in 2011, seven LED industry companies in China achieved IPOs in A-shares, with a cumulative financing amount of 3.625 billion yuan. In February this year, the IPO application list announced by the China Securities Regulatory Commission, at least nine LED industry-related companies are waiting in line for listing.


However, listed companies are mostly at the end of the LED industry chain. Listed companies will use almost no exceptions for capacity expansion projects. The funds are not used for technology upgrades or to develop core technologies.


The data show that the LED chip is the core material of LED lighting, and the domestic related technologies and industries are still in the incubation period. If the LED industry chain is differentiated by upstream, midstream and application, due to technical barriers and funds, domestic LED companies are mainly concentrated in the application field, and there are few independent research and development of upstream chips.


According to industry insiders, with the support of policies and funds, the LED industry may usher in a good development period, but if the lack of core technology is not reversed, the policy and funds may be in excess of the overcapacity of the LED industry.