Electronic components: LED lighting demand is expected to grow rapidly

The application of past led market is the largest mobile phone Samsung last year, the successful launch of LED TV applications, driven by a mainstream TV manufacturers LED backlight TV backlight demand led high brightness white LED market.

Compared with traditional incandescent lamp, LED lamp can save electricity 70% years, compared with the energy-saving lamp, LED lamp can save electricity 39% years. This allows the European Union and Japan decided to disable incandescent lamps in 2012, which will undoubtedly lead to rapid growth in demand for LED lighting.

Notably, upstream of the LED epitaxial wafer / chip of the LED equipment is not mature enough, still need high investment research firms, the consistency of the output of the chip itself was high, so LED epitaxial wafer strength margin also has a high degree of differentiation. After the formation of the scale of the packaging industry, can enjoy considerable economies of scale. In addition, the volatility of the volatility of the packaging industry is also lower than the upstream epitaxial chip / chip industry, so we believe that the size of the LED packaging industry with long-term investment value.