LED diode is in hot water

Now, even we do this upstream fluorescent powder materials which are owed money. ” Talking about the LED industry of trigonometry debt, Li Yi (a pseudonym ): ” cherish a deep-seated hatred for business when you speak goods to the payment, but once the goods to customers, have a heap of reason prevaricate. ”

LED diode is in hot water

 

Li Yi is one of the main LED Down Light fluorescent powder materials company general manager, before a few years the rapid development of industry to the company to bring rich and generous profit, in recent years the company is planning a listing. But recently, the industry of triangular debts continue to spread.”
Equipment factory and factory lamps used a longer account period, but our material factory previously used in a short period of time to pay, we buy rare earth material is to use cash to. we can not be timely recovery of cash, cash is difficult to continue. ” Li Yi told the Securities Times reporter, phosphor material manufacturers is bigger, and the majority of the cash transaction, if the downstream firms credit seriously, be equal to enterprise interest-free support customer operating funds, but also take the price risk of rare earth. The funds for the weak strength of small and medium-sized enterprises, especially prone to cracking of the capital chain.

In fact, this chain of debt risk has partial exposure. By the end of 2011, with Shenzhen Jun Tatsutaro as the representative of the group of Southern China region led diode display because the enterprise fund chain break and close down in succession. November of this year, photoelectric closed after about 20 million of the payment in arrears discovered, supplier surfaced, Southern China, East China and many listing Corporation are temporarily which will be unable to recover.

At present, the company involved in the LED industry innumerable, industry chain debts have spread. Only from a public information listing Corporation, as of the three quarter of this year, with the led diode industry in the 21 listing Corporation accounts receivable balance total up to $5519000000, payable balance reaches 34 million RMB, the company total accounts receivable already accounted for the first three quarters of the total revenue 89.13%.
At present, some listing Corporation put part of accounts receivable to commercial bills, so from the results we can seen on the amount.
The company knows the credit funds smooth Road, on the supplier psychology. ” A lot of downstream manufacturers are no cash payments to suppliers. Supplier has no way, do not continue to supply means that the inventory backlog and carrying a loss. ” A domestic chip companies responsible person said reluctantly.

cultivate and develop LED diode industry needs to open up new ideas

Facing with the LED industry development trend of globalization, the development of national standards must strengthen international cooperation and draw on the existing local standards, specifications that other countries already have. Facing with the LED diode industry situation across many fields, it is recommended that the proposed modifications are intended to test, assessment, based on full argument and comments, led by the Ministry of Industry, the National Standardization Management Committee, the Development and Reform Commission and other relevant departments, create a standard path, speed up the establishment of a sound LED industry technical standards, testing and certification systems, promoting technological progress, and to promote cost reduction, and drive quality improvement, standardize the market order, and guide the healthy development of the LED diode industry. In view of the specific circumstances of the LED High Bay Light technology, the technology is not finalized, the standards should unite the development of the domestic industry.

cultivate and develop LED industry needs to open up new ideas

On the one hand, it can neither have too high standard, so that let enterprises can not be achieved, nor can a standard set of lag, outdated and can not keep up the pace of technological development; but we also need to prevent doping excessive, minority business interest unfair competition in a small number of enterprises to use standard monopoly market. Therefore, it is recommended that the timely establishment of the National Alliance’s standards, to build a communication platform between the LED enterprises and government authorities.

Third, to set reasonable and scientific development of the consumer side support policies, and further develop, nurture, and development the LED domestic market.

In view of the potentially huge economic and social benefits of LED lighting industry, countries around the world in its early stages develop to nurture domestic consumer market development plans and support policies. In the same time, Our China’s LED diode industry is entering a new course of development, industry alone the rolling development is difficult to achieve a breakthrough in the short term, therefore, it must to be supported the launch market by national and local government policy. At the same time, the industry as a dependence on government, its development depends on government policies and stability.