China's LED industry will reach 180 billion yuan in 2011

The industrial agency Gaogong LED Industry Research Institute predicts on December 21, 2011, China's LED industry scale will reach 180 billion yuan, an increase of 44%. Among them, LED manufacturing, packaging, and application output will reach 5.7 billion yuan, 35 billion yuan, and 140 billion yuan respectively, with growth rates of 58%, 30%, and 47% respectively.

The agency data shows that this year China's LED industry scale of about 125.6 billion yuan, of which, LED manufacturing, packaging, application output value reached 3.6 billion yuan, 27 billion yuan and 95 billion yuan.

The agency also predicts that in 2011 China's LED industry will invest more than 20 billion yuan upstream, MOCVD equipment investment of about 6 billion yuan. This year, these two investments reached 32 billion yuan and 10 billion yuan respectively.

Zhang Xiaofei, director of the institute, told the "First Financial Daily" that this year's LED packaging capacity will be relatively surplus, but in 2011 it will become a situation of excess LED chip capacity. He further pointed out that the number of LED companies in China will increase by more than 20% year-on-year in 2011. More LED chip companies will extend to the middle and lower reaches of the industrial chain, vertical integration will become increasingly fierce, and the price war for high-end and middle-end LED devices will become more fierce, and the economies of scale will increase. obvious