Domestic companies need to guard against LED overcapacity


Recently, the mainland LED industry has experienced a large-scale expansion, from upstream wafers, midstream packaging to downstream applications, and all companies are ambitious. The data shows that compared with the overall profit decline of the industry in 2012, the LED industry is beginning to usher in a rebound in 2013. Most listed companies that have published annual reports have achieved positive earnings growth.
The decline in product prices directly led to an increase in demand. According to the forecast of Xiangcai Securities, the LED lighting market is expected to double in 2014 to 250 billion yuan (RMB, the same below), and will double again in 2015 to 500 billion; UBS Securities forecasts, 2013 to In 2015, the overall growth rate of the lighting market was 36, 37 and 38 respectively, of which the demand for residential LED lighting market increased by 157, 90 and 62 respectively. Qilu Securities predicted that the compound growth rate of LED lighting demand would reach 30 in 3 to 5 years. By 40, the penetration rate of lighting products will increase from 10 to 15 to 40 to 50.
The above-mentioned brokerage analyst pointed out that government subsidies can be said to play a role as catalysts and expansion agents in the process of expanding production capacity. In the case of Sanan Optoelectronics, the original plan of Xiamen’s 10 billion project was to be implemented in Wuhu. There are no plans to buy so many equipment, and the total investment is only more than 4 billion. As soon as Xiamen's subsidy policy came out, the equipment purchased by Sanan Optoelectronics increased to 200 units, and the total investment has more than doubled.
In fact, after several rounds of capacity expansion, only the upstream LED chips, the total capacity of mainland enterprises has accounted for more than 60% of the world. According to senior executives of LED listed companies, there are currently about 1,500 MOCVD equipment for wafer production worldwide, and mainland companies currently have about 900 devices. If the 300 MOCVD equipments of Sanan Optoelectronics are all produced, the total amount of equipment owned by the company will reach 350, which will exceed the number of Jingyuan Optoelectronics (244 units), Samsung (182 units) and LG (160 units). Rise to the first.
In response, some analysts have warned that concerns about overcapacity in the LED industry began to exist at the end of 2011, but the release of demand in the past two years completely reversed this situation. From the current industry development speed, it may be too early to say that the LED industry overcapacity, but if the future demand growth rate is slower than the capacity expansion rate, the entire industry will begin to appear oversupply, trigger price wars and lead to industry reshuffle and other extreme phenomena. .
Mainland LED stocks fell mostly on the 23rd. As of the afternoon, Liard fell nearly 5, Jufei Optoelectronics fell more than 3, Ruifeng Optoelectronics fell more than 2, Lehman Optoelectronics, Huacan Optoelectronics, Wanrun Technology, Nanda Optoelectronics, Lianchuang Photoelectricity fell more than 1; Qinshang Optoelectronics went against the trend and rose more than 3.

Food Processor 10 In 1

Food Processor 10 In 1

Food Processor 10 In 1 is one of the most popular model among our Food Processors. They include almost all the features that can meet the needs of family life.

Description for Food Processor 10 In 1

400W

1.0L glass jar Blender, grinder, juicer, citrus, juicer, mixer, meat mincer

2 speeds with pulse

shink bag packing

Color box: 66*24.5*44.5cm

40'HQ: 970pcs

Yx 186

Food Processor 7 In 1,Food Processor Blender Juicer,Electric Stainless Steel Food Processor,Electric Vegetable Food Processor

Flying Electronic Co., Ltd , https://www.flyingappliances.com