LED small and medium enterprises polarization in July is now out of business tide

Reporters learned that the legal representative of the ten party Deng Junguo has not been a public appearance for several days, the company is currently in a state of production. Seen in this light, the polarization of the LED industry is more and more obvious, in the process of shuffling, small and medium enterprises increasingly sad day. Since July, a number of enterprises closed down in August 14th, the Gongming labor management office issued a notice that the ten party photoelectric arrears of 220 employees from June 1, 2013 to July 31, 2013.

Yesterday (August 19th), Shenzhen Guangming New District, Gongming labor management office staff, is still in Shenzhen ten party photoelectric Co., Ltd. (hereinafter referred to as the ten party photoelectric) workers wages and busy. Notice of the Gongming labor management office, the ten party photoelectric has more than 200 employees owed wages for up to two months.

Reporters learned that the legal representative of the ten party Deng Junguo has not been a public appearance for several days, the company is currently in a state of production. Seen in this light, the polarization of the LED industry is more and more obvious, in the process of shuffling, small and medium enterprises increasingly sad day.

Since July, many companies went out of business in August 14th, the Gongming labor management office issued the notice said, the ten party photoelectric owed 220 employees in June 1, 2013 to July 31, 2013 wages, the ten party photoelectric legal representative Deng Junguo has not come forward to cooperate with relevant government departments to coordinate, in accordance with relevant laws and regulations, if Deng Junguo in the announcement within 3 working days is not related with the Gongming labor management office staff contact, and immediately back to the company on-site treatment owed wages and other issues, will be held liable.

3 days have passed, yesterday, Gongming labor management office staff told reporters that Deng Junguo still did not show up, initially confirmed already running". Information on the ten party official website shows that the company to LED light-emitting devices, LED electronic display and LED applications for the main business.

With more than 10 thousand meters of plant, as well as modern scientific research and development base, equipped with advanced production, analysis, testing equipment. This is since July of this year, following the Zhongshan male record lighting factory, Zhongshan City Hao Lei crystal factory, Shenzhen billion light Technology Co., Ltd. after leaving the business, but also a small and medium sized LED company discontinued.

Small and medium-sized enterprises to survive the difficulties for these small and medium sized LED company's bankruptcy, the long-term fight in the LED industry of Shenzhen ruiwang Semiconductor Co. Ltd. manager Li Wei did not feel strange. He told reporters that the market was the direct cause of the collapse of these enterprises.

Beginning in March of this year, LED market began to pick up, a number of companies that the volume of orders increased significantly, sales rose, and predict the outbreak of LED has come.

In this optimistic expectations, many LED companies began to expand production.

"The year of March to May is the busiest time, according to the performance of the market, many companies began to expand blindly. Livy said that in this context, the production capacity of a total surplus, some companies in the second half of the market completely overdrawn. In addition to the expansion of production capacity and overdraft market, the deeper reason is that with the growing competition, LED market has entered the stage of polarization, bigger and bigger, and the survival of SMEs increasingly difficult.

Reporters access to relevant business information found that just ten of the registered capital of the company's registered capital of only 1 million yuan, in the LED industry, only small and medium enterprises. Insiders pointed out that the current industry as a whole, the intensity of the reshuffle has been growing, the next big business orders may appear constantly, small businesses and then drained a group of cases.