In Guangdong, a PRD industry stated, "sz electronic industry developed, many LED businesses of both were transferred from the electronics industry, see LED's money, and ran en masse, they do not speak of quality, without a core technology, so that enterprises will not be blamed."
Mainland authorities boldly predicted that LED industry greater outbreak of storms are likely next year, then there will be more business failures; Foshan lighting Association, Wu Yulin said that only in recent years in particular from traditional lighting go en masse into the LED industry, "next year, possibly early next year at the end of this year, much may have LED Enterprise dead". This is not the hole nests this year due to poor economic situation in Europe and the United States, LED foreign orders thus reducing; on the other hand, LED too many inputs led to vicious competition in the market, further reducing profits. Industry alleges that LED 10% Zhongshan about business failures this year, "some companies also deal in the first two months, two months have gone."
Guangzhou yangcheng evening news reported, once known in the market touting LED industry, aura now gone, Shenzhen, Dongguan, Zhongshan, Foshan Pearl River Delta town of LED manufacturing, out of factories in the near future, boss running dynamic and static.
Steady run of Jiangsu in electro-optical 600 homes in mainland China LED industry ranked 48th, Deputy General Manager Zhang Haibin recently pointed out that mainland China LED industry is entering a dramatic reshuffle, particularly Taiwanese LED manufacturers competing to invest heavily into the Mainland and set up factories in recent years, although in favour of the Mainland operators of local purchasing convenience, but also deepened the market competition, "the strong stronger and the more notable in the future." LED is on both sides as a promising new industry in the long run, China introduced policies to support more actively, however, the current global economic turmoil, destiny new energy industry could not escape recession. This LED out of the cold, Honorary President of Shenzhen semiconductor lighting Industrial Development Association revealed Wang Dianfu, according to his research, Shenzhen has more than more than 80 this year LED enterprise bankruptcy or liquidation; same things happen in Dongguan, Zhongshan. Local media pointed out that mainland China LED industry closed down Chao to deteriorate further next year. It seems that LED the cold winter has only just begun, 2012 will have more enterprises falling down.
