The latest survey results show that the average price cut chip prices for domestic LED chip manufacturers since 2011 has exceeded 20%, international LED street light lens manufacturers, chip price cut of 10.8%, Japan, Europe and the United States chip price cut is only 5.18%, South Korea,Taiwan’s chip price cuts, with an average of 13% -16%. “Overcapacity, falling prices this is the inevitable result of the domestic LED investment boom. Ruifeng Electric chairman Gong Weibin, two LED backlighting and LED lighting market is the incentive for domestic LED investment boom. The explosive growth of LED TV, the market size of LED high bay lighting business will be increased by 5 times. The fact is, the 2011 LED TV penetration rate is over 40%, but as the technology matures, the absolute number of LED backlight chips are not doubling.
“The LED application products downstream inventory to the blind expansion of the cause of,” industry veteran Shi Weili pointed out that, in early 2011 and the years a lot of lighting export enterprises are think, overseas LED lighting exports will be substantial growth, while the blind expansion of production scale but to a firstthe fourth quarter, a large number of intent order was canceled, and safety requirements of the certification and domestic chip patent risk, Shenzhen LED lighting stock, originally for overseas exports should account for about 50%. Career, a middle-level leaders pointed out that the end of 2010, domestic LED street light lens industry is high, resulting in the domestic LED application market is expected to blindly into production of domestic LED chip manufacturers, but most of the products produced by small and medium-power LED chips, leading to domestic small and medium power LED chip production has a serious surplus.