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The Roadmap of Supply Side Reform for LED Area Light

“Supply Side Reform” is the roadmap for LED Lighting industry reform. Under the effect of whole economic environment, the whole led area lightindustry has faced a series of problems such as excess capacity, homogenous products, out-of-order price competition and market disorder. With the challenges of weak innovation ability, international brand awareness and structural excess capacity, the transformation reform ofLED Lights industry is inevitable. The “supply side reform” reinforced by the central government has provided new opportunities and direction for the development of LED lighting industry, and it has also provide guidance and help in policy for the transformation of lighting industry.

The idea of “Internet +” has brought new production, operation and sales concept for the development of lighting industry. Large internet corporations like Alibaba has provided stage for lamp s manufacturers to help them in solving excess capacity and high logistic cost. This is beneficial for the further implementation of “supply side reform”.

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Source: http://www.elitesemicon.com/newsone.asp?t1=962