Xiamen Government Helps LED Enterprises to Realize Breakthrough

Last year, the exports of electric light source and lighting fixture in Xiamen reached US $ 800 million. The export of high-end products in Xiamen was the first and the industrial chain in Xiamen was the most complete in China. Reporters recently learned that Xiamen governments have reached hands to guide enterprises to take the road of industry standards when the LED enterprises are facing challenges.

The LED supply in China has been able to account for 90% of global market share. However, a huge risk that the outsiders have blamed the LED market filled with inferior products and excess capacity hidden behind this seemingly prosperity. If LED enterprises are always in the condition that manufacturing low end products and disorderly competing as some photovoltaic businesses, the final outcome may be that the enterprises or even the relevant industries in the whole region will come to the end. As economic restructuring, it is inevitable that the LED industry will focus more on quality transformation than quantity transformation.

Previously, under the guidance of the idea that focus on the quantitative expansion, the low access threshold and low product specifications result in a large number of companies to enter the market with low-price products in poor quality, so the market varies greatly, and the trend that "good money drives bad money out" will occur. In this case, it is not enough to only rely on the self-correction of market itself, the support from governments is more important to help LED enterprises to realize breakthrough.

It is learned that Xiamen relevant departments have reached out hands to guide and support local LED enterprises, it is expected that the help from governments can help LED enterprises to make great breakthrough from both the industrial point of view and the perspective of economic transformation in this year.

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