LED industry is expected to become the new darling of the capital market

Into 2011, the domestic LED industry began to appear in the middle and lower reaches of the investment boom signs. In particular, the focus of the capital market from the beginning of last year to the middle and lower reaches of the transfer. Recently, a total investment of nearly $200 million in Jinsha River venture capital fund LED R & D and manufacturing base officially settled in Wujin high tech Industrial Development zone. In addition to the latticepower expansion project, another downstream application vendors concern. Sunsun Light company is located in Nanjing City, Jinsha River venture capital fund will inject capital into their banks and set up R & D and manufacturing base in Wujin high tech Zone, a total investment of $100 million, mainly engaged in such as LED lamp, backlight module, display system development. Among them, a registered capital of not less than $35 million, is expected to be achieved in 2013 sales revenue of 2 billion yuan, the project will be listed in overseas markets by the year of 2014. Shanghai Ding Feng Asset Management Limited company chairman Zhang Gao told reporters, upstream of the LED chip, in the downstream is encapsulated and terminal applications. Last year, the upper reaches of the hype is very powerful, and now on the upstream production capacity quickly, chip prices will show a downward trend in the next few years, while the downstream packaging and application is now developing rapidly. He believes that the future of China's LED industry in the middle of the compound growth rate can reach more than 30%, while the industry has not yet fully formed.