LED is still in the era of upgrading

Under the guidance of the country's strategic task of promoting the optimization and upgrading of the industrial structure and cultivating new industrial growth points, LED has become the development focus of various local governments, and local governments such as Dongguan, Huizhou, Foshan, Shenzhen, Dalian, Nanchang, Xiamen have formulated Industrial development strategy planning has set off a wave of LED investment in China. Guangdong, which accounts for nearly half of the total domestic LED output value, listed the semiconductor lighting (LED) industry as the three major strategic emerging industries in Guangdong in the "Several Opinions on Accelerating the Transformation of Economic Development Mode" released in May. one. The LED industry has formed a situation of competition among hundreds of people in Guangdong. Shenzhen, Dongguan, and Foshan have all listed the LED industry as a pillar industry development. The LED industry has shown a full-blown trend.
The rapid rise of domestic LED companies and the rapid expansion of production capacity are launching strategies to compete for the LED market. From Sanan Optoelectronics, a leading company in the domestic LED industry, to Silan Microelectronics, which has expanded its production capacity, to the half-way out of Dehao Runda, the LED industry boom has almost swept the entire industry. Because the overall level of domestic LED product technology is not high, domestic companies are generally small in scale. The technical strength is weak, the product grade is relatively low, the LED market is fiercely competitive, and related manufacturers are fighting for price wars. At the same time, there are also phenomena such as disorderly investment and vicious competition in the LED industry. Judging from the current domestic market dynamics and the distribution of the LED industry structure, there has been a serious problem of repeated investment.
In addition, some local governments intend to open the local market to local enterprises in the development of the economy, or to lock the local market by investing in the market, and local protectionism is on the rise. If this local administrative barrier is not broken, it will inevitably bring about the convergence of industrial projects between regions, directly increase the industrial bubble, and hinder the development of regional integration. Different regions must highlight different characteristics and avoid simple and repeated construction for short-term benefits, which will lead to vicious competition in the future.
In addition, China's LED lighting still has a series of other problems. For example, China currently does not have a national standard for LED lamps, only some local standards; my country's local LED lamps and lanterns are obviously insufficient in design and innovation. To solve these problems, the LED industry can develop healthier, and LED products can better meet the needs of the public. Market leadership is the foundation for the long-term and healthy development of the LED lighting industry. The government must guide and support policies, regulations, R&D investment, application demonstrations, and standards. Only with a nationwide game of chess and overall planning can the LED industry guide the sustainable and healthy development of the LED industry.

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