Guangzhou International Lighting Exhibition Stimulates LED Plate in Short Term

The 18th Guangzhou International Lighting Exhibition will be held from June 9 to 12 at the China Import and Export Fair Exhibition Centre. The exhibition is expected to attract more than 110,000 visitors to come to visit, including GE (USA), Osram (Germany), Philips (Netherlands), LumiLEDs (United States), Cree and others from 27 countries and regions, a total of more than 2,600 exhibitors will fully participate in the meeting.

In the secondary market, LED plate has begun to achieve a sharp adjustment since May 24, according to the research report recently published by Huatai Securities, the inflection point of LED industry has been confirmed in April, but its profitability is unlikely to be as high as the secondary market in the past month with an increase of over 50%, short-term adjustment is reasonable. Huatai Securities also noted that investors can try to emphasis on LED lighting and dodge backlighting and outdoor display, which is because that the quarter-on-quarter growth of brand LED lights in the first quarter of 2013 fell 10-15%, and it will continue to decrease 10 % -20% in the next one or two months, which is basically in line with energy-saving lamps and even cheaper.

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