Some media reported an article named “Interpretations on Ten Near-Collapse Industries from the perspective of Practitioners” listing LED industry among one of the ten near-collapse industries. The argument is based on the phenomenon of domestic sluggish LED market, excess production capacity and many small companies closing down now.
None other than the predicted near-collapse industry is one of the industries greatly supported and popularized by Chancheng District government. Although procurement of government is expanding continuously, the numerous Medium and small sized enterprises are still confused about their future. Will LED become “the setting sun”? Will the price of LED decline to an ordinary level? Where will LED in Chancheng go?
Reporters of Nanfang Daily specially invited Wu Yulin, Chairman of Foshan Lighting and lights association to explain the doubt of Chancheng LED industry. He is also an insider, in charging of Foshan Casio light-fixture Co., Ltd which is now actively undertaking LED healthy lighting research. “LED will be glorious for at least 10 years” said Wu Yulin.
Persons in the dialogue
Wu Yulin, Chairman of Foshan Lighting and light Association, President of Foshan Casio Co., Ltd is regarded “The first person of China’s Mood Lighting”.
LED definitely will not be the next photovoltaic
Nanfang Daily, “Do you agree that LED is listed as one of near-collapse industrirs?”
Wu Yulin, “There is a saying—the 90% of the chips depend on the import and excess production capacity, as if making LED the next photovoltaic. Some experts even predicted that LED is the next photovoltaic. ”