Societe Generale Securities: the next 5 years is the golden age of LED industry development

Societe Generale Securities released the latest research report said that in 2009 the global LED lighting lighting market value of about $2 billion 400 million, the penetration rate of only 3.3%. The proportion of LED lighting is expected to rise to 50% in 2015, reaching $80% in 2020. LED lighting large-scale replacement will be launched by the end of 2011, early in 2012, 2011-2012 will be an important investment in the LED lighting industry. LED packaging is the throat of the LED lighting industry chain, will usher in a development opportunity. There will be a trend of modularization in the packaging of LED lighting.

Societe Generale Securities optimistic about the long-term development of the LED industry, the next 5 years is the golden period of development of the industry, to maintain the industry's recommended rating, optimistic about the high-end packaging and downstream applications. In the field of LED package, good package, engaged in high-end in high brightness high power package has a certain accumulation of technology enterprises, mining is a good investment targets; in the downstream of LED applications, with a certain scale, optimistic about their own brand of LED lighting production enterprises, the scale and channel is the win in the fierce competition in the downstream the advantages of the recommended Zhejiang sunshine.