LED lighting products to expand market share

  China's LED industry has encountered a "turning point" in the second half of 2013, specifically in the LED industry, the situation in 2012, almost all industry losses at the end of 2013 greatly improved. Recalling the 2014 first quarter, LED industry, "warmer" signs more prominent, indicating strong demand for LED lighting has been transmitted to the downstream upstream packaging and chip companies.

LED lighting products to expand market share

  Market share of LED lighting products continues to expand. Specific features:

  First, the domestic emerging LED lighting business revenue in good condition. In the first quarter, the domestic LED lighting business revenue better. For example, the sun lighting LED lighting products in the first quarter revenue reached 300 million yuan, up 140 million yuan last year, double the growth achieved; HC SemiTek significant increase in first-quarter revenue up 150%; Sanan Optoelectronics first quarter revenue growth of 30% ; Hongli Opto-electronic first-quarter revenue and net profit growth of 30.26% and 71.95% respectively.

  Second, LED penetration in lighting has been increasing. According to the first quarter 2014 data, by 2012 less than 3% LED lighting penetration increased to 7%. With the 2014 LED lighting to replace traditional lighting will accelerate the industry will enter a period of rapid growth.

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