China's LED industry is growing at an average annual growth rate of 33.4%

Chinese LED industry rapid growth in recent years, LED is the fourth revolution of human lighting fire, incandescent lamp, fluorescent lamp, and the first 3 essential difference is that LED depends on the current through the direct solid radiation photon light, good safety, not easily broken, very environmentally friendly.

With the continuous improvement of technology, luminous efficiency is further improved, and unit costs continue to decline, LED application areas continue to expand. The application of LED instructions, from the instrument early traffic lights, landscape lighting and mobile phone backlight, the automotive lighting, MB backlight, the future will also be applied to large size LCD, LCD TV, and even the general lighting field.

2003 to 2007, the annual output value of China's LED components reached 33.4%, in 2007 has exceeded RMB 30 billion yuan. 2007, LED chip industry to achieve output of 38 billion tablets, the output value of 1 billion 500 million yuan. 2003 to 2007, LED chip production compound growth rate of 58.48%, the chip output compound growth rate of 44.29%. However, the level of China's LED industry is low, the application of LED is still at the primary level, traffic lights and landscape lighting accounted for the majority.

China's LED industry is expected to expand in the coming years, the average increase rate of high brightness InGaNLED production capacity of around 40%, the monthly production capacity will increase from 960kk in 2007 to 2767kk in 2010.

Source: LED chip network