According to reports, the lack of national standards, there is unhealthy competition, making the LED light only through the price for the market. Industry estimates, the LED market this year will be a major reshuffle: "It is estimated at least half of the LED lamp factory will close down. " May 21, Runda BDO announcements of listed companies, improve fund-raising 3.5 billion LED industry chain. The May 25, just backdoor wide at Guangzhou Iron and Steel Group shares, also the announcement "reminded"investors, the company is investing in new industries LED, and received good benefits. This is just rounded out the LED's capital of the "tip of the iceberg. " 2010, listed company announcements to the LED industry, capital investment of 300 billion yuan, more investment in unlisted companies are not disclosed.
According to Guangdong Provincial Commission by letter to concerned parties, LED Guangdong Province, was listed as one of the three major emerging strategic industries, by 2012, LED industry scale reached 120 billion yuan. In the "second Five-Year " period, a total application of 3 million to promote outdoor LED lighting, 30 million indoor LED lighting, saving 20% of urban lighting to achieve the goal.
Source: Life Morning News