Some small and medium-sized enterprises have closed their doors or turned to other industries, and large enterprises are still strengthening their support. The eyes are aimed at the market share of the future LED industry. Affected by factors such as the European debt crisis and the weak US economic recovery, the export orders of LED companies continued to decline sharply in the second half of last year.
The export market has been hampered and the domestic market has not yet opened on a large scale. Inevitably, a group of LED companies can't sustain it. Since last year, the LED industry has been shuffling, and it is reported that as of the end of 2011, there were more than 80 LED lighting companies in Shenzhen, and nearly 10% of LED lighting companies in Foshan City closed down in 2011.
The industry said that the future development of the LED industry is good, but the LED industry is a capital-intensive industry. It also needs to invest a large amount of money to achieve large-scale production. The integration of advantages is inevitable. The next step will be the reshuffle of mergers and mergers. Some manufacturers said that the LED market is in a cooling-off period, but optimistic about the market in the second half of this year, the LED market is expected to recover in the second half.
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