Shenzhen LED industry runs smoothly in the first three quarters

Yesterday, Shenzhen LED Industry Federation informed the operation of the LED industry in the first three quarters. Shenzhen LED industry operated smoothly in the first three quarters, declined in the third quarter, and rebounded in late October. It is expected that most of the companies will achieve growth throughout the year. And profit, Shenzhen LED industry overall growth range of 25% -30%.

Shenzhen LED Industry Federation analysis believes that by the European debt crisis, the 2011 European LED lighting market is about 2 billion US dollars, accounting for about 28% of the market, lower than expected. It is expected that rapid growth will be achieved next year and will exceed 10 billion U.S. dollars in 2015. In addition, countries such as Australia have also begun to replace LED street lamps.

Shenzhen Shiye Rong, executive vice president and secretary-general of the LED Industry Federation, pointed out that according to the monitoring of the economic performance of the 450 member companies by the Federation, individual companies have encountered operational difficulties. The Federation is organizing the same industry and financial institutions to reorganize them. .