2013-06-13

70% of Chinese Small and Medium LED Enterprises are Facing Elimination

The Eighteenth Guangzhou International Lighting Exhibition has just concluded. Reporters learned from the exhibition that the situation of LED lighting industry is better than last year, but the overcapacity still exists. Industry experts predict that the next eight years will be the rapid development period of LED lighting industry, it is expected that have 70% small and medium manufacturing enterprises are facing elimination. An industry source told reporters that the overcapacity of LED is mainly because there are excessive enterprises. The amount of registered LED...
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