Xiamen Government Helps LED Enterprises to Realize Breakthrough

Last year, the exports of electric light source and lighting fixture in Xiamen reached US $ 800 million. The export of high-end products in Xiamen was the first and the industrial chain in Xiamen was the most complete in China. Reporters recently learned that Xiamen governments have reached hands to guide enterprises to take the road of industry standards when the LED enterprises are facing challenges.

The LED supply in China has been able to account for 90% of global market share. However, a huge risk that the outsiders have blamed the LED market filled with inferior products and excess capacity hidden behind this seemingly prosperity. If LED enterprises are always in the condition that manufacturing low end products and disorderly competing as some photovoltaic businesses, the final outcome may be that the enterprises or even the relevant industries in the whole region will come to the end. As economic restructuring, it is inevitable that the LED industry will focus more on quality transformation than quantity transformation.

Previously, under the guidance of the idea that focus on the quantitative expansion, the low access threshold and low product specifications result in a large number of companies to enter the market with low-price products in poor quality, so the market varies greatly, and the trend that "good money drives bad money out" will occur. In this case, it is not enough to only rely on the self-correction of market itself, the support from governments is more important to help LED enterprises to realize breakthrough.

It is learned that Xiamen relevant departments have reached out hands to guide and support local LED enterprises, it is expected that the help from governments can help LED enterprises to make great breakthrough from both the industrial point of view and the perspective of economic transformation in this year.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.
Display devices have been used for many years as a means of HMI (Human Machine Interface) to connect humans and machines interactively, and their usage are still expanding. Automotive interiors are no exception to this trend, with an increasing ... READ MORE
About LiDAR Automotive industry trends In recent years, many vehicles have been launched with ADAS (Advanced Driver Assistance Systems) as standard equipment. As the future evolves towards more automated driving, sensing around the vehicle i... READ MORE