Yesterday, Sanan Optoelectronics, BDO Runda, Tongfang Stock, Hongli Optoelectronics, Sunshine Lighting, Han's Laser and Ruifeng Optoelectronics jointly announced the establishment of a LED product specification working group in Shenzhen.
Sun Yong, general manager of Sunlight Lighting, stated that the challenges faced by the LED industry are increasing, especially in the upstream areas represented by sapphire substrates. Investment continues to be high fever, and MOCVD purchased at the beginning of the year and mid-year has been gradually installed and commissioned. In the end, LED companies will eventually be forced to keep prices down to maintain their market competitiveness.
Rui Wei photoelectric general manager Gong Weibin pointed out that the downstream lighting application market lacks a reasonable market access mechanism and mandatory national standards, resulting in uneven quality of the product, affecting the end consumer trust in LED lighting.
"Upper upstream production capacity is not entirely bad news for the LED industry." Guan Yong said that overcapacity will inevitably lead to drastically lower upstream chips, which will directly lower the price of downstream LED application products. This is an expansion of the LED application market. The key to good news is whether everyone's product materials are based on the same level and whether they follow a unified product specification.
Guan Yong said that if the LED lighting manufacturers can follow a unified market specification, the LED application market will grow significantly next year. After all, the price of LED lighting products is now approaching the price of energy-saving lamps.
Sun Yong, general manager of Sunlight Lighting, stated that the challenges faced by the LED industry are increasing, especially in the upstream areas represented by sapphire substrates. Investment continues to be high fever, and MOCVD purchased at the beginning of the year and mid-year has been gradually installed and commissioned. In the end, LED companies will eventually be forced to keep prices down to maintain their market competitiveness.
Rui Wei photoelectric general manager Gong Weibin pointed out that the downstream lighting application market lacks a reasonable market access mechanism and mandatory national standards, resulting in uneven quality of the product, affecting the end consumer trust in LED lighting.
"Upper upstream production capacity is not entirely bad news for the LED industry." Guan Yong said that overcapacity will inevitably lead to drastically lower upstream chips, which will directly lower the price of downstream LED application products. This is an expansion of the LED application market. The key to good news is whether everyone's product materials are based on the same level and whether they follow a unified product specification.
Guan Yong said that if the LED lighting manufacturers can follow a unified market specification, the LED application market will grow significantly next year. After all, the price of LED lighting products is now approaching the price of energy-saving lamps.
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