LED lighting changes are signs: enterprises do not want to shuffle up the first present

The exhibition area, which was to be held in Guangzhou in June this year, was 10% larger than last year, but the number of companies has decreased by 35%. LED industry has rapidly warmed up in recent years, but with the influx of funds, many of the sequelae of expansion is beginning to emerge: core chip controlled, ignoring the development of applied technology, industry oversupply ... Hu Zhongshun that: LED lighting industry has experienced the "investment great Leap Forward", "shuffle" the first.

Not up.

2011 A total of 7 led industry enterprises in the A-share market to achieve an IPO, the cumulative financing amount of 3.625 billion yuan.

The report of Guangya Lighting Research Institute said that the above 7 listed companies are concentrated in the middle of the package and downstream application links. These enterprises are ambitious, and the funds raised are used in the capacity expansion project without exception.

The LED industry's IPO tide will continue in 2012. At present, the industry has at least 9 companies in line waiting to be listed. These listed enterprises gradually from the extension, chip, encapsulation, application and other industrial chain main links to ancillary materials, equipment and other directions.

But a reality is that the current China LED lighting products chips from the United States, Japan, China, Taiwan and other imports. Globally, high-performance chips are mainly in the hands of six companies such as Toyota synthesis, Corey, Philips, Citizen and so on.

In an LED lamp production, chip procurement accounted for a large proportion of the cost? If the purchase of exemption chips, about 50% of the total cost. "Beijing Oriental Technology Group Co., Ltd. Senior vice president Xiao said.

LED chip is the core material of LED lighting, but the related technology and industry in China is still in incubation period. The head of a domestic led enterprise revealed that at present, 10 led enterprises have been listed to raise more than 6 billion yuan, of which the fund has more than 3 billion yuan, more than raise funds lying on the account. "Most of these listed companies are at the end of the LED industry chain, and the funds are not used to upgrade technology or develop core technologies." The direct result of LED enterprise listing financing is likely to be overcapacity. said the person.

It is also the last resort for companies to choose. Xiao said that even as China's current led application of the largest enterprises in Beijing East, the idea of the upstream do not.

"Because the first requires hard intellectual property negotiations, the second requires a lot of money, and the third requires very complex equipment." The upstream technical barriers, financial barriers are too large. Xiao said that after the BoE will also look for and upstream of the appropriate cooperation, but will not rashly go upstream alone.

"Shuffle" the first present

March 20, the Ministry of Finance, the NDRC, the Ministry of Science and Technology organization of the "2012 Semiconductor lighting products Financial subsidy Promotion project" in Beijing for domestic open tendering, 110 enterprises nearly 300 tender representatives participated in the bidding activities.

At the bidding site, the National Development and Reform Commission made clear that in 2012 the Chinese government will spend 40 billion on led procurement, 30% of the financial subsidies to enterprises.

The subsidy policy will involve product standards. Industry believes that this policy has a guiding role, will directly stimulate consumption, nurturing the market. "The government bids the standard, is directs this product to the high value-added, the high-tech direction development, avoids the fluorescent lamp the old road." "Xiao said.

The guiding policy has its own effect, but it can not "cure all Diseases"

For example, in the short term, the higher the standard requirements, then the manufacturers to do the application must buy upstream good chips. "In fact, our subsidy is partly subsidized to others." Because high-performance chips are held in the hands of foreign enterprises. "Xiao said.

The upstream core technology is temporarily unable to exert force, "enhance the application technology" to become the most feasible development space for Chinese enterprises at present-such as heat dissipation, light distribution, power core technology, LED color uniformity and so on. A breakthrough in these technologies will also enable companies to create core values in the field of LED applications.

"Unfortunately, there are few business meditation to do these things, we still stay in the expansion of capacity, Happy enclosure stage." Products are seriously homogeneous. "A person who has worked in the industry for many years regrets.

And as the lighting industry "barometer", the Guangzhou International Lighting exhibition data also show similar industry "shuffle" signs.

This year's super large booth by Chinese and foreign listed companies are rushing to order. Philips won an early 584 square meters of the oversized booth, and "domestic led semiconductor lighting first share" on the photoelectric competition for the exhibition "King."

"This shows that strong companies are starting to exert their strength after getting financing, while the temporary absence of a small number of companies this year suggests a trend behind the investment boom." "Hu Zhongshun said.