Myleda is a leading supplier of led strip light,led bulb,led panel light,led tube,led ceiling light,led down light led flood light,and so on. it is suitable for office,school,hospital,supermarket,living room ,public lighting and so on.

How to readjust its development goal and products strategic positioning after the heat development, cold encounter price cuts in 2012, how to avoid win in technology and lost at commercial, how to realize resources integration between upstream, middle and down-stream of LED industry like LED Panel Light and supporting industry is the major information China LED light confronts with. See how LED specialists and entrepreneurs’ representatives take the industry's pulse in the meeting that had just finished in Yangzhou.

Where will LED industry go?

 

LED industry development speed is slower than what we expected. The price of sapphire substrate and LED chip continues decreasing since the beginning of the year with an average decrease rate of over 20% in the first 7 months. Sapphire substrate projects under construction have a total capacity of 101 million pieces per year in contrast, China recently only need 6.85 million pieces. This indicates the dilemma the industry faced. Overcapacity in upstream, the application market is now as good as we expected. A continued slide in LED products price leads to hard life for some small and medium sized enterprises. A common agreement has reached among all the entrepreneurs and specialists represented in the meeting: LED lighting is definitely represents the trend of future lighting. After a series of supporting policies and the innovation of technology and concept, LED industry will have an explosive growth mold in three to five years.