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At present, the elimination of incandescent lamps is not enough for LEDs, because the current cost of LEDs is still relatively high. Xu Huai, secretary-general of the China Lighting Society, said that after the release of the "China's phase-out of incandescent roadmap", it immediately triggered LED stocks to rise, which I think is not very rational.
Xu Huai made the above statement at the press conference on the old-for-new-Qi to eliminate incandescent lamps held in Beijing on February 8.
The penetration rate of high-efficiency lighting products in China has reached 80, and the penetration rate of energy-saving lamps has increased by 4 percentage points compared with 2009. In contrast, the city's popularization work is doing better. There are currently about 1.3 billion incandescent lamps in the Chinese market, of which about 1 billion are in rural areas.
Because incandescent lamps are used in addition to a few hotels, most of them are rural families. Let them use tens of dollars of LEDs instead of a few yuan of incandescent lamps. I am afraid that no financial subsidies are impossible. Xu Huai believes.
According to Ye Ming, Director of the Foreign Liaison Department of Philips (China) Investment Co., Ltd., China is undeniably the world's fastest-growing country in terms of LED market applications. Based on this, he believes that as an explosive development industry, LED will eventually replace other light sources.
However, some analysts pointed out that China's achievements in the application market are mainly due to the ten-city plan. According to the survey and statistics of the pilot cities of the Ten Cities, there are more than 2,000 demonstration projects in 37 pilot cities, and more than 4.2 million LED lamps are used.
In this regard, Liu Shiping, deputy secretary general of the China Lighting Society, said: Now the street lamp of the mainland 80 is a high-pressure sodium lamp, its luminous efficiency is 120 lumens / watt, its own luminous efficiency is high, and its development is relatively mature. LEDs are trying to replace high-pressure sodium lamps, which require more. The LED test life is 20,000-30,000 hours, and the life of the single-sodium lamp is 12,000 hours.
According to Liu Shiping, a 400W high-pressure sodium lamp, even the power supply does not exceed 1,000 yuan, but a set of LEDs that can replace 400W high-pressure sodium lamps should be 5000-8000 yuan, or even close to 10,000 yuan. Whether the money is paid by the government or the company, the cost is too high. The cost of digesting in developed regions is good, but if it is first applied from street lamps in underdeveloped regions, it will affect its future marketing.
Xu Huai also believes that China should focus on promoting LEDs for indoor lighting in the next stage. The price/performance ratio of some indoor lighting products has gradually become more balanced in their life cycle. Lighting products can not be tested by government projects, the key is to rely on the competitiveness of the market, so that more applications should be willing to use it.
However, these positive expectations for the LED market have not slowed down the pace of listing of related companies.
The listing speed-up packaging enterprises will eliminate the final position of Jufei Optoelectronics just passed the IPO application review by the China Securities Regulatory Commission's GEM Board. On December 14, Wanrun Technology immediately followed the door of the CSRC.
The GEM Board of Auditors passed the initial application of Liard and Changfang Semiconductor. Since then, the IPO application of Yuanfang Optoelectronics and Moso Power has also been approved.
It is understood that in these enterprises that are about to land in the capital market, the main business of Jufei Optoelectronics, Wanrun Technology and Changfang Semiconductor are all packaged.
There are 7 LED packaging companies that have landed and are about to land in the capital market, but the market environment is not as good as before. In 2011, the output value of China's LED packaging was 32 billion yuan, an increase of only 18 compared with last year, far below the market expectation of more than 30 growth. In 2010, the output value of mainland packaging reached an increase of 35.
At present, there are 1,500 packaging enterprises in the mainland, more than 40 in the first camp with annual sales of more than 100 million yuan, and less than 400 companies in the second camp with sales ranging from 10 million yuan to 100 million yuan. Around 30, the sales of most companies are less than 10 million yuan. This is a far cry from the sales of an average of 1 billion yuan in Taiwan's eight major packaged companies. It is no wonder that listed companies are using fundraising projects for the expansion of their main business. Xu Huai said.
However, with the overwhelming majority of mainland companies, the LED industry's oversupply, falling product prices, falling gross margins, and slowing overall growth have become increasingly prominent.