China's LED investment has experienced local overheating and encountered funding bottlenecks

The LED industry is regarded as a strategic emerging industry that is likely to trigger a new round of industrial revolution. There are signs of blind-scale investment in China, and even partial overheating of investment. This factor is superimposed on the capital bottleneck faced by enterprises, which causes emerging industries to show that most of the core technologies are controlled by foreign companies. He Zaihua, a senior researcher at China Investment Consulting, pointed out that the development of an emerging industry cannot be separated from the strong support of national policies. It is precisely because of the incalculable prospects of the LED industry in the future that governments will not lose each other in policy support. Nowadays, China The LED industry has not achieved the expected results because of the complexity. First of all, China's investment environment is prone to the government-led investment boom, which can be seen in the investment of photovoltaics and wind power.

Secondly, we can compare the development models of other countries. The core route of the United States is to “drive the market through technological breakthroughs and accelerate the market penetration speed”. By controlling the core technology and maintaining the profit flow of the market, it will obtain about 80% of the industrial profits. At this point, the United States coincides with Japan, the country with the largest LED production, and both choose to focus on basic technology. This is the most lacking attitude or development basis in China.

Excluding the United States and Japan, South Korea is still another major competitor of China. A large number of domestic markets are more consistent in China and South Korea. It is obvious that South Korea has opened up the domestic market for LEDs through mobile phone backlights, which is better than China. . According to forecasts, China is a big country in the application of LED street lamps. If it can be used to open LED sales market with LED street lamps, it is also worth trying. It can even use semiconductor lighting as an entry point to overcome new-generation information technology such as semiconductor optoelectronic technology.

According to the "2010-2015 China Semiconductor Lighting (LED) Industry Investment Analysis and Forecast Report" released by China Investment Consulting, it is estimated that from 2010 to 2015, semiconductor lighting in the special lighting field can achieve a total energy saving of 400 billion degrees. In 2008, the global LED street light shipments were 900,000 baht, and in 2010, this number is expected to exceed 2.3 million, and the penetration rate is expected to exceed 1%.

Zhang Yulin, research director of China Investment Consulting, pointed out that the government's pure macro-planning is far from enough. The South Korean government has chosen to join hands with banks to support large enterprises to form a foreign trade backbone and become the core force for the development of the entire industry. In comparison, although the local government in China has made great strides in the LED industry base, it is stretched out in the support of funds and the expansion of financing channels, and it is difficult to pave the way for the future development of the industry. Therefore, the current bottleneck of the LED industry needs to be solved. .

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