China's LED packaging will reach 35 billion yuan this year

At the "Asian LED Lighting Summit" held in Guangzhou on June 11, Zhang Hongbiao, director of the LED Industry Research Institute of Gaogong, said that the scale of China's packaging industry will reach 35 billion yuan in 2011, an increase of about 30% year-on-year.

Zhang Hongbiao revealed in a keynote speech that China’s LED industry in 2010 was 126 billion yuan. The packaging industry output value reached 27 billion yuan, accounting for 31% of the global LED packaging output value. There are currently 4 LED packaging companies listed, more than 50 companies have completed share reforms, and more packaging companies are seeking listing.

It is understood that the first four months of this year, China's LED industry, 80 new projects, investment amounted to 4.5 billion, of which SMD, LED lighting has become the focus of investment. Zhang Hongbiao said that in 2012 the global lighting market will accelerate development, and the packaging industry of large foreign companies will accelerate the transfer to China. It is estimated that the output value of LED packaging in China will increase to 55 billion yuan in 2012, and this figure may reach 64 billion yuan in 2013.

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