2008 is a historic year, whether it is to shine in the Olympic Games, or experienced in decades of the financial tsunami, LED industry and other industries as a taste of the social development process of ups and sour, sweet, bitter, hot. In 2008, the characteristics of the development of the industry is the market demand ups and downs, rapid and steady development of technology. It is particularly worth mentioning is the technology, LED white light efficiency record is constantly refreshed, the light efficiency research and development index November 1 watts of white LED has reached 161 LM / W, and the market everywhere can buy 80 lumens / watt -100 lumens / watt products, and the price is falling fast. Market demand, driven by the Olympic Games, street lighting, display, lighting and other applications, the first half of the market is very good, the manufacturers of the production plan is relatively full. But in the second half, the financial tsunami, the situation worsened, foreign related orders suddenly disappeared, the entire economic development almost to a brake, to the end of the situation worse.
Looking ahead to 2009, LED's chip factory will experience a "winter" that has never been seen before, and the packaging and application of the plant can be handled in comparison. Why LED chip factory will be particularly difficult, because we are optimistic about the application of LED in 2007 the development of the market, in 2008, the chip factory have expansion in China, almost increased by nearly 30 sets of large MOCVD (metal organic chemical vapor deposition equipment). The increase in the number of MOCVD devices, the market suddenly changed, no doubt to the LED epitaxy, chip manufacturers to bring huge financial pressure. Over the years, most of the epitaxial, chip factory itself, there is no accumulation, or even a loss, I would like to take advantage of the market in 2008 to make a profit, but I did not expect that the market mutation makes their funds worse.
2009 may be the most difficult in the first half, I hope the market began to pick up in the second half. Of course, there will be opportunities in the domestic market in 2009, such as Shanghai, World Expo related projects, the country's 4 trillion yuan to stimulate domestic demand railway, highway, airport construction and other aspects of the LED industry to bring new markets. In particular, the state has continued to strengthen energy-saving emission reduction policies, which will also help the market demand for LED. In 2009, technology development will be faster, white light high-power LED is likely to reach 200 lumens / watt. If we can achieve such an index, it will certainly be a great foundation for the development of the LED industry after the economic recovery. 2009, a number of LED lighting related standards will also be released, LED industry will take a big step toward the healthy and orderly development of the goal.
2008 LED industry affected by the financial crisis, mainly reflected in the sudden decline in market demand, especially with export related orders. Such impact is rare for the LED industry, its impact is still unable to make a comprehensive assessment. The impact of the first half of 2009 will intensify, hoping to pick up in the second half, but the market recovery may be slow, so we have to do the worst. I think, the best strategy is to find a way to survive, and to focus on the development of new products, funds permitting, to establish and perfect the system of patent application and quality; at the same time to seize all can seize market opportunities, to make products and projects; adjust marketing and product positioning of the entire company the highlight our advantages and establish strategic alliances with other upstream and downstream enterprises to develop and expand the market; strengthen the core team and the backbone of the team, do well in staff training. Prepare for the post financial and economic recovery.
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