2010 foreign investment in China's LED industry will exceed 60 billion yuan

Recently, in the "international IC exhibition cum seminar on the development of high-tech enterprises, Chinese LED Specialized Committee director Zheng Haowen pointed out that in 2010 the total amount of investment of foreign enterprises in Chinese LED industry will be more than 60 billion yuan.

Zheng Haowen said that China is the world's largest manufacturing base for lighting products, LED alternative to traditional incandescent lamps and energy-saving lamps, is the future trend of development, has been internationally recognized. This will stimulate the increase in foreign investment in China to seize the initiative, making the total amount of foreign investment in China's LED industry in 2010 will be more than 60 billion yuan, is the 2009 times of 6.

Analysis of the industry, the move will undoubtedly highlight the mainland LED industry is suspected of overheating, and foreign investors have rushed into China's LED market has a positive, but also have a negative impact.

It is expected that from 2010 to 2011, China's LED market will show dramatic changes and fierce competition.