At present, the domestic LED industry is facing difficulties such as overcapacity, low-end products, rising costs, and price ratios, resulting in serious product overstocking and falling corporate profits. In addition, the European and American debt crisis has also led to a sluggish export in China, and demand has shrunk. Some analysts pointed out that the domestic LED industry is in a cold winter.
Reporter: Many people judge that the LED industry is facing a cold winter. What do you think of this? The entry barrier for the LED industry is low, and the industry is an extensive growth overall. How do you view this status quo?
Jiang Guozhong: I personally don't think that the LED industry is now hitting the cold winter. It has a good expectation in an industry. There is a long-term prospect in the future, which will inevitably lead to more investment and attract more investors to go. In this industry, I want to convert, then I personally think that in fact, from the economic downturn in 2008, to the general situation this year, the international and domestic macroeconomic situation is not very good, but the LED industry is always in Growth, so I don't think this is the winter of an industry. The so-called actual difficulties or problems encountered are mainly due to this internal competition, or because most of our companies lack core technology to be a low-end product. Caused by it.
In fact, this is in the unique operating state of China. In fact, I think this is not just in our industry. It has been such a problem for so many years, so I think because of this upstream and downstream, the products are also advanced. , low-level, as well as general and advanced, the general feeling is that the low threshold is some low-end products, then the low-end products are not without its market, if the low-end products can differentiate Doing it well and lowering its cost is also an advantage. Because this spring snow is necessary, there will be people in the lower Libba, so I think the threshold is low, the threshold is high, adapt to this market and it meets the needs of the market, I think it will survive.
Reporter: Many people judge that the LED industry is facing a cold winter. What do you think of this? The entry barrier for the LED industry is low, and the industry is an extensive growth overall. How do you view this status quo?
Jiang Guozhong, President of Lianchuang Optoelectronics
Jiang Guozhong: I personally don't think that the LED industry is now hitting the cold winter. It has a good expectation in an industry. There is a long-term prospect in the future, which will inevitably lead to more investment and attract more investors to go. In this industry, I want to convert, then I personally think that in fact, from the economic downturn in 2008, to the general situation this year, the international and domestic macroeconomic situation is not very good, but the LED industry is always in Growth, so I don't think this is the winter of an industry. The so-called actual difficulties or problems encountered are mainly due to this internal competition, or because most of our companies lack core technology to be a low-end product. Caused by it.
In fact, this is in the unique operating state of China. In fact, I think this is not just in our industry. It has been such a problem for so many years, so I think because of this upstream and downstream, the products are also advanced. , low-level, as well as general and advanced, the general feeling is that the low threshold is some low-end products, then the low-end products are not without its market, if the low-end products can differentiate Doing it well and lowering its cost is also an advantage. Because this spring snow is necessary, there will be people in the lower Libba, so I think the threshold is low, the threshold is high, adapt to this market and it meets the needs of the market, I think it will survive.
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