Global LED market changes

All along, the international brands Philips, OSRAM, GE and other brands as the benchmark in the global LED lighting market.

Recently, GE General Lighting officially announced that it will sell its lighting business. The parties of the capital eager to try, which is the news of its spread since the last year, after the full withdrawal from the Asian and Latin American markets. OSRAM was previously split and sold the traditional light source business Langdansi, it is learned that, after some competition, the Chinese consortium to the successful acquisition. The transaction completed on March 3 this year and began to produce economic benefits.

With the international first-line lighting brand or stripping, or sell, or weaken the LED lighting business, China LED lighting business ushered in a new round of development tide. In fact, the current China LED manufacturing industry ranks the world's first, but also become an important force in industrial globalization.

According to the relevant authority issued, 2016 China's semiconductor lighting industry, the overall output value for the first time exceeded 500 billion RMB, reaching 521.6 billion RMB, an increase of 22.8% over 2015.

So, how the Chinese LED lighting companies to seize this opportunity? ENELTEC Group Chairman said: "Only master the core technology of lighting, master their own brands, grasp the marketing channels, Chinese lighting companies are likely to really participate in international competition, from 'leading China' towards' leading international'.