2012 China's LED lighting industry reached 192 billion yuan

2012, the overall size of China's semiconductor lighting industry reached 192 billion yuan, representing an increase of $156 billion in 2011 of 23%, the growth rate has slowed down in recent years, the domestic semiconductor lighting industry the lowest growth rate. Upstream epitaxial chip, midstream packaging, the scale of downstream applications were 8 billion yuan, $32 billion and $152 billion. Since 2009 the company continued to MOCVD investment in 2012, although some enterprises greatly reduced the expected investment, but in 2012 the MOCVD devices still have a larger growth. In 2012 more than 260 New Taiwan, so that the total number of domestic MOCVD reached more than 980 units, mainly in the regional distribution in Jiangsu and Anhui Province, accounting for two of the total number of 48%. 2012, domestic chip enterprise revenue growth of 23%, reaching 8 billion yuan. 2011, the domestic GaN chip production capacity utilization rate of around 50%, the annual output of only 115 billion, output growth of 63%, far greater than the growth rate of output value. Overall, chip localization rate reached 72%, has also made great progress in lighting applications, especially small and medium power lighting application of domestic chip competitiveness gradually, although the lighting chip market share is still low, about 25%, compared with 17% in 2011, a big increase. In 2012, China's LED packaging industry reached 32 billion yuan, representing an increase of 12% in 2011 to 28 billion 500 million yuan, the yield by 182 billion in 2011 increased to 241 billion, up 32%. From the product structure, the most obvious growth in SMD LED package, accounting for about 50% of the entire LED device output, has become the mainstream of LED packaging products. 2012, the overall size of China's semiconductor lighting applications reached 152 billion yuan, the overall growth rate of 24%, the whole industry chain is the fastest growing sectors, but affected by the price greatly reduced the growth rate in recent years has become the lowest. Lighting products, which grew by 40%, with a market share of 28% to continue to become the largest market share of the application. Production of LED lighting products more than 300 million, the domestic market demand for rapid increase, the proportion of the export products decreased to 56%; backlight applications rose 32%, accounted for the entire application value of 19%; the landscape application of mature growth slowed in 2012, 19%, in the entire application value in the proportion of 22%, compared with 2011 the LED display is reduced; the growth rate has slowed, the application value in the proportion dropped to 13%. Overall, in 2012, China's semiconductor lighting industry has the following characteristics: 1, overall investment amount is greatly reduced, the investment structure change according to the company released the 2012 Investment plan, the overall investment is greatly reduced, only about 50% in 2011. From the investment structure, the proportion of investment in epitaxial chips decreased significantly, down from 52% in 2011 to $10% in 2012. The application of investment accounted for a substantial increase, up from 20% in 2011 to about 48% in 2012, thus becoming the most concentrated semiconductor lighting industry sectors, most of which focus on investment in the field of lighting applications. Packaging investment also increased from 6% in 2011 to 20% in 2012, the packaging industry is also continuing to expand. Whether from the scale of investment or investment in the field of view is more rational than before. With the adjustment of investment structure, the competitive advantage of our country in the field of application will be more prominent. 2, LED industry overall profit reasonable decline, but still higher than the average level of electronic industry in recent years, China's LED industry is also affected by the impact of the global economic downturn, fewer orders, falling profits, some companies cut, cut or even closed, causing a certain impact on the development of the industry. At the same time, although the rapid increase in the number of product sales, but sales growth is not synchronized, the company's profit margins gradually reduced. According to CSA incomplete statistics, in 2010 gross profit margin accounted for more than 30% of enterprises accounted for more than half, while in 2011 only about 27%, in 2012 this proportion is down to about $1/4. From the company's gross margin of the most concentrated range, in 2010 the company's gross profit margin of the concentration of 30%-40%, in 2011 was 20%-30%; in 2012 was 10%-20%. Link different industrial chain profit level is different. Among them, the upstream average gross profit margin. CSA survey data show that in 2012, the average gross profit margin of upstream enterprises in the 20%-30%, midstream enterprises concentrated in the 10%-20%, while the downstream companies focused on 15%-25%. Currently has 19 main business LED companies, in addition to Elec-Tech BOE, Tongfang and LED business of the listed company has more than 50. In 2012 three quarterly CSA data on the 19 main business LED and LED business of listed companies accounted for more Elec-Tech a total of 20 companies and electronic industry are analyzed. The data show that the first 3 quarters of 2012, the LED industry revenue growth and gross margin was higher than that of the electronics industry and A stock market overall average level; at the same time the three level of profitability has declined from the net profit growth rate, LED industry declined slightly higher than the average level of the electronics industry. And these 20 led net profit is all positive, and no loss. 3, product prices continued to decline, the decline has increased in 2012, domestic LED enterprise production growth is far greater than the output growth, LED product prices continue to decline, the price of all kinds of products in the range of 20%-40%. One chip and the average price of the device decreased by about 20%-30%, while the application of products decreased by about 25%-40%. Especially some LED lamps prices have dropped significantly, such as bulb, lamp