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Domestic LED High Bay Industry Development and Economic Status

Upstream chips especially those high-power chips in domestic led high bayenterprises still have a distance with international brands. In the aspect of encapsulation and application, the technology of domestic LED Lightsmay in pace or even surpass that of international enterprises, however domestic enterprises still need to catch up on chips.

Indeed, although LED Lighting industry is becoming increasingly rationalized, it’s still early to say excess capacity when technology is not completely mature. LED is still developing fast and domestic enterprises shall further improve their technology.

Industry insiders say current and future pressure will be faced by LED enterprises. Not only challenges from international and domestic economic change but also competition inside the industry. The coming into force of global economy incentive policies, the projects of domestic economy structure adjustment and informational technology upgrading, the deepening of multinational development strategy, all these factors has stimulated the new demand for LED upgrading in many industries. http://www.elitesemicon.com

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