Global economic crisis Shenzhen LED how to protect themselves

Over the years there are small and medium enterprises because of their own business failures and other issues, but as in 2007, in 2008 the larger scale of the phenomenon is relatively rare. With business failures, production, shrinking production, a large number of workers have been or will be unemployed, and the industrial community in coastal areas in the ecological chain form also faced the threat of fracture, which may lead to more large-scale business failures. In the face of the depressed market and the negative factors of the global economic recession, what are the current operating conditions of the LED enterprises in Shenzhen and how will they cope with the depressed market environment?

To solve the difficulties of self-reliance

Shenzhen Ai'er Yili lighting product development limited company sales director Yan Yuan: the global economic downturn, the impact is not small China. At present, many enterprises are in wait-and-see, is to halt the troops and wait save power, resulting in a pool of stagnant water phenomenon. We are now in order to alleviate this state, has been in the sales price has declined, it can be said that there is no profit margins, but the product is still no one to buy. At present, we can only rely on their own to do some engineering methods, self-contained to get rid of the current difficulties of enterprises.

High tech industry is not a big impact

Shenzhen lightpower technology limited market director Hu Jingde: the depression of the market economy, for China's manufacturing industry is still relatively large, as one of Shenzhen's largest toy factory closed down, visible for the domestic manufacturing industry is immeasurable blow.

Our factory mainly do LED display, the impact is not great. After all, we belong to the high-tech industry, at present, whether at home or abroad have great market space, so we are not worried about this, as long as the control costs, ensure the quality of products, I think the market space is very large.

Strengthening cost control is the only way

Li Xianqi, general manager of Shenzhen three high tech Limited by Share Ltd channel project: most of our products are exported to foreign countries, but the global recession for our company, there is no impact. We mainly do is LED display, this high-end products are not affected, after all, this high-tech products similar to its profit margins are still large. Although the economic environment is not what impact on our company, but we can not completely optimistic to face, we have to make tough fight to strengthen cost control, is the only effective way currently.

Increase people's income is the key

Shenzhen Sheng Sheng Photoelectric Technology Co., Ltd. Zhao Han Vice President: the economic crisis in Europe and the United States, the impact on SMEs in China is still very large, especially for the domestic manufacturing industry. The global economic downturn, the impact on the manufacturing sector should be said to be profound. Some bad business executives also know their products in the market downturn, the economic crisis in Europe and the United States declared bankruptcy or flight. The final loss is the country, the state has to subsidize those companies in arrears of wages. I think we have to wait for Europe and the United States to recover, at least two or three years, so for our country, the next year will be even more difficult for smes. I think the current national housing market is wrong, it should save the stock market, a house of fifteen thousand square meters who buy, and the people's money is set to the stock market to go. I think only the people out of the stock market, the ability to consume. Only in this way can we promote the development of the manufacturing industry, in order to solve the plight of the domestic small and medium-sized enterprises.

In summary

Some LED companies were forced to stop production

The global economic recession, the impact of SMEs in China is still quite large. There are two main reasons for this phenomenon. One is the change of the external environment, the United States under the guidance of the world economy and signs of recession, the Chinese export demand at the same time, the world resource prices led to rising domestic production costs; two and a number of domestic macro-control policies, domestic tightening land, increase protection for workers, reduce or cancel the export tax rebate rate, protect the environment energy saving and emission reduction policy, tightening monetary policy etc. the increase of enterprise land, labor, finance, environmental protection and other costs, compression of small and medium-sized enterprises had a small profit space.

In the interview found that some of the business leaders have fallen into frustration, companies have to be forced to suspend production or collapse. At present, Shenzhen's LED industry, mainly affected by the kingpin or European countries facing manufacturers, products sell difficult, followed by the production of LED lighting manufacturers, because we are in a wait-and-see state, now the industry chain seems to be disconnected. Relatively speaking, the economic downturn on the LED display manufacturers have little impact, because the LED display, there is still a lot of market profit margins.

Source: Lighting weekly