After the fierce commercial war in the past two years, the price of some products and lamp products in the LED industry has risen recently.
Luo Huanta, Dean of Shenzhen High-tech Industry Research Co., Ltd. predicted on November 11th that “2017 Industry New Opportunities and Senior Workers’ 10th Anniversary Thanksgiving Celebration†predicted that LED price increase may be difficult to continue and the industry concentration may increase in the future.
The High Industry Industry Research Institute believes that the LED industry is a mature industry. After the formation of the upstream chip giants in 2017, the competition will shift from simple production capacity to technology and scale. In 2017, the price of chip and packaged devices will still have room for growth, and the price of LED application products will not fall. It is expected that the global LED industry market growth rate will drop from around 10% in 2016 to less than 5% in 2020.
In addition, LED industry scale advantages and brand advantages will become increasingly obvious in the future, and industry concentration will increase rapidly, which provides a broad space for growth for leading enterprises.
Judging from the performance of the three quarterly reports, the global LED industry has seen a trend of differentiation between Chinese and foreign companies.
In the LED epitaxial chip segment, the performance of Chinese companies represented by Sanan Optoelectronics (600703) and Huacan Optoelectronics (300323) continued to grow steadily; LED packaging links to Mulinsen (002745), Hongli Zhihui (300219), China Star Optoelectronics (002449) represents the largest packaging company, and in the first three quarters, it has shown a situation of increasing revenue and increasing profits.
In the lighting application, domestic large factories represented by Sunlight (600261) and Foshan Lighting (000541) are not affected by market competition, through automated production line import, supply chain and management cost control, in revenue and Net profit has shown a two-way growth trend.
However, in contrast, international companies such as CREE and Philips have experienced a decline in revenue, net profit growth, and even negative growth.
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