Electronics industry: LED lighting in the second half to start, leading companies to benefit

LED industry prospects, profitability will improve

LED than the traditional lighting energy saving and environmental protection, is a long-term development direction. LED has been used in the field of backlight, the next three years to maintain an average annual growth rate of 26%, a huge potential market. Government subsidies caused by the LED industry in the development of pre competition is too fierce, the Related Companies profitability is poor, this situation will be improved in the follow-up, LED industry will not fall into the plight of the photovoltaic industry.

LED lighting will start in the second half of the year:
Incandescent light bulbs have entered a substantive stage, to the LED lighting products to bring high growth catalyst. Japan's ban on incandescent lamps in 12 years, LED penetration has increased from 10% in 10 years to 50%; the EU in September 2012 will be a total of incandescent lamps and halogen lamps completely out of the market; 2014 after the disappearance of incandescent light bulb; China is also expected to ban incandescent lamps from October 2016. LED lighting profitability has been significantly improved, the first line manufacturers and channels to promote the power of LED lighting is also greatly enhanced, and continue to compromise through the performance, the use of power chips, production and production outsourcing and other ways to continue to reduce costs.

Total cost in the commercial field has begun to reflect the advantages. 2013 Shang Chao, the factory uses LED lighting compared to the cost of energy-saving lamp lighting will be shortened to 2 years. Policies are being encouraged to encourage investment to encourage demand. Three ministries of the new round of tender is expected to start in the year, the Ministry of Finance for the first time in the purchase list LED products, the six ministries of the planning to the government subsidies to the greater operability. With the completion of the government's general and fiscal easing, LED demand from the government is expected to exceed expectations.

The LED industry in the shuffle stage, in favor of the leading enterprise

In the promotion of overcapacity and low concentration of the status quo, the LED industry has entered the stage of integration. Vertical integration is the trend of industry development, the role of the channel will be more prominent. Policy and industry standardization to accelerate the industry consolidation, is conducive to leading companies.

LED plates show the value of the investment, leading the field of the recommended

Led sector since mid September weak trend, with the LED lighting at the start of the second half of that the industry boom will appear significantly warmer and subsequent price will exist up more space, with leading manufacturers in technology, scale and channel resources will benefit the most significant, we recommend four main investment and BDO, REFOND optoelectronics, optoelectronics, the sun lighting and photoelectric five companies.