Dongguan intends to support 500 million years of LED industry

From Dongguan city to promote the development of LED industry and application demonstration work leading group of the drafting of the "provisions of Dongguan Municipality on promoting the development of the LED industry and application demonstration of the Implementing Rules (Draft)" before the announcement, plans every year from the Dongguan science and technology "project 2 billion yuan of special funds for 500 million yuan for the LED industry.

LED industry is listed as a strategic emerging industry in Dongguan. In order to support the development of LED industry, has just introduced the "provisions of Dongguan Municipality on promoting the development of LED industry and application demonstration of the Implementing Rules (Draft)", from LED LED, science and technology innovation enterprise that special reporting, LED product certification and testing, LED, LED professional exhibitors major equipment purchase, the introduction of high-level talents nine, funding.

Detailed rules of the implementation of the funding conditions, the amount of funding and ways. For example, the purchase of MOCVD equipment subsidy grant. According to the advanced level of equipment, give 8 million financial subsidies -1200 yuan for each set of MOCVD equipment, all levels of government subsidy amount not exceeding 50% of the price of the purchase of equipment enterprises, each enterprise most subsidies 60; LED enterprise executives and high-end technical personnel to pay personal income tax, according to the standard of the local profit 50% after three years, 100% years ago the local part of the Municipal Finance approved housing subsidies.

Central China Securities analyst Fang Xiahong told reporters in Nandu, Dongguan LED industry competition in the Pearl River Delta city in the rankings, but companies are also facing the lack of core technology patents, key equipment and raw materials imports and so on.

At present, the domestic LED industry's core equipment and raw materials almost all rely on imports. The sapphire substrate, for example, 10 years of domestic sapphire production capacity of approximately 7 million MOCVD, and by the end of 2010 the number of equipment more than 600 units, estimated 2011 Annual need 2 inch substrate more than 30 million pieces, a huge supply gap.

But the LED industry into the explosive growth period. Fang Xia Hong said, benefiting from industrial policy, LED is expected in 2015 the domestic LED industry output value reached 500 billion yuan, an average CAGR of 5 over the years. In this context, the annual 500 million financial aid industry development, will stimulate enterprises in technological innovation force.