LED lighting era is expected to come ahead

The LED lighting era is expected to come early. Luminous efficiency continued to increase, production efficiency gradually improved, and equipment yield steadily improved. LED epitaxial, chip, package, and lighting product prices steadily declined. The price gap between LED lighting terminal products and conventional energy-saving lamps is gradually narrowing. From the end of the year to the end of the year, new products are intensively released by various manufacturers, and the technical indicators are further upgraded. The prices are even more favorable. It is expected that with the 2013 Tokyo Next Generation Lighting Fair. (January), Tokyo International Lighting Fair (March), Hong Kong Spring Lighting Fair (April), Frankfurt Lighting Fair (April), Las Vegas Lighting Fair (May), Lighting Exhibition of Lyon, France ( In June, such as the International Lighting Exhibition held, LED lighting will become the protagonist, is expected to catalyze the accelerated penetration of LED lighting.

LED backlighting is still expected to be a major contribution in 2013. With the increasing proportion of TV sizes and LED penetration rate, TV backlight applications are expected to continue to grow. In addition, with the popularity of flat panels, new areas of LED backlight applications will be filled. As a whole, it is expected that backlight will still exist in 2013. With good performance, mainland China is expected to outperform the world as it replaces with localization.

The performance is expected to usher in a rebound in January-February 2013 after the Spring Festival. As the main application of LED is still backlighting, it has seasonal characteristics. Since November 2012, it has shown a gradual decline in the ring ratio. It is expected that with the supply of backlight inventory in the January-February period of the Spring Festival, it is expected to drive the industry to gradually recover and drive the industry. The performance rebound continues into the middle of the year; in the second half of the year, it is estimated that from the beginning of August to September, along with holiday promotions, the cost performance of entrained lighting products will further increase, and it is expected that the backlight will be gradually renewed, which will drive the LED industry as a whole.

Due to seasonal characteristics and poor overall performance in 2012, although the market has already anticipated, the stock price of the entire sector is still restrained before the annual report.