LED Lighting Blog

Developing new industries when the government has a problem: the state will only care about the country, mains led lighting, local governments only care about the industry is not local. Foshan fall into the error should be avoided, or only the abnormal development of the LED in Foshan. The one hand, the LED industry, the overall market decline, Foshan most LED SMEs orders decline, difficult; mains led lighting, the other hand, the Luocun and dished out 10 years to invest 30 billion yuan around the LED industry base to build “a bright new city” planning. LED high bay Industry pointed out that the blind support of the local government of the LED industry is one of the reasons that lead to overcapacity of industrial structure. But there are also pointed out that the plight of the LED industry due to sluggish overseas markets, the growth of new industries inevitable.
The 2008 financial crisis, mains led lighting, domestic LED industry can still bucked the market, why, this year appeared to decline?
“Write-off of domestic exports fell, but the domestic business and home market is not open, inconsistent with the investment boom.
Foshan Lighting Association, Wu Yulin: Simply put, this year, the plight of the domestic LED from the front of the block “rear” excessive force “. Blocked in front, “said thedownturn in foreign markets this year, a substantial decline in orders. This had forced the transfer, but the vast majority of domestic LED products dependent on exports to the domestic market, mains led lighting, the domestic market is still stuck in the requirements phase of municipal engineering, business and home lighting market did not open. This means that the LED products harder to sell.
Behind the “excessive force to the force” refers to the overheated investment in the domestic LED market, the product of the production of excessive and uneven. Foshan, mains led lighting, for example, five years ago, the LED enterprises still remain in the double-digit, more than 200 last year to get involved in, and now has over 300, 80% of Foshan traditional lighting companies in transition into the LED industry. This way to give a product backlog,the illusion of excess capacity.