"LED industry winter" is a pseudo theory above the average level of all industries

In the LED key listed companies before 2015 three quarter earnings is not difficult to find, there are 57% companies net profit over the same period last year or even a decline, in the real economy, a lot of capital into the Internet, industry competition is fierce, brutal reshuffle stage, and run away to go bankrupt in the occasion, more than half of listed companies net profit the poor performance of the industry seems to be more in the current LED industry downturn, so the curse of winter".

There are a lot of people say that the lighting industry has come to winter, why the winter comes? It is likely that our products have not kept up with the technological upgrading. Followed by competition within the industry.

In recent years, a variety of forces is the result of the game, resulting in Chinese in the period of social transformation, increase the focus and difficult point, boiling point and ignition temperature decreased, while in 2015, this is obvious, the lowest rate in 25 years. Data show that in 2015 the global economic slowdown, the return on capital is significantly reduced; developing countries are facing multiple pressures of economic restructuring; developed countries lack effective means of economic promotion. 2015 global economic growth of 2.9%, an increase of only about 0.4 percentage points.

In addition, the mobile Internet on the production and life of mankind has brought a revolutionary impact and impact on almost all industries, especially the traditional manufacturing industry has had a disruptive impact and impact. So the media frequently reported layoffs, foot tide, closures, especially the world's factory accused of Dongguan flameout, winter theory quickly from the bud to the rampant.

According to the National Bureau of statistics data show that in 2015 1-9 months, the national GDP grew by 6.9%, 1-11 months, the national scale industrial enterprises, the main business revenue grew by 1%. Statistics from the National Bureau of statistics of the 41 Industrial Enterprises above the scale of the situation, only one of the main business income of more than 10% year on year, the growth rate of less than 97.56% of the industry operating income of less than 10%.

But the truth is not the case, it is precisely because of the overall economic environment does not increase, it makes people mistakenly think that the LED industry economy is gradually declining, but in fact, LED live happier than other industries.

Why do not actually say that the LED industry and the media in the eyes of pessimists as the downturn, we take a look at the LED lighting industry data:

Affected by the economy, in 2015 the global lighting market did not usher in a major change. From a global data point of view in 2015 was about $151 billion, compound growth rate of only 3.7%. But according to statistics, 2015 1-11 months, an amount of 41 national industry above scale industrial enterprises profit fell 1.9%, but in the LED industry, the first three quarters of 2015, 28 LED key enterprises listed a total profit of 440 million yuan, an increase of 7.77%. This means that, by contrast, the LED industry is above average in all industries.

It is worth mentioning that, in the same environment, compared with other industries, LED companies are clearly happier.

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