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Mobile WebSiteChina has always been monopolized by foreign countries in high-tech core technology, especially in the LED lighting industry. After years of development, China's LED industry has achieved good results, and the scale of the industry has continued to grow. However, key core technologies are still lacking, which will restrict the development of China's LED industry.
LED industry is big but not strong
"Big but not strong" has always been synonymous with foreign countries to China. Indeed, China used to be relatively backward in terms of economy, technology and so on. But after years of hard work, China has undergone earth-shaking changes, and its role on the world stage is becoming more and more important.
China's global status has gradually improved, and various industries have also grown rapidly. At present, China has become the world's largest LED lighting production base. According to data from the OFweek Industrial Research Institute, the global LED lighting market has a production value of 530 billion yuan in 2017. Among them, China's LED lighting output value reached 300 billion yuan, accounting for the global proportion. More than 55%, it is expected that the scale of China's LED lighting market in the next few years is expected to maintain a market growth of around 15%.
Although the overall scale of China's LED industry is large, Chinese companies are characterized by small scale and large quantities. As the LED market continues to be reshuffled, the LED market will eliminate a number of low-quality and low-priced enterprises, so that the well-understood, capital-intensive and brand-conscious enterprises will become bigger and stronger, leading Chinese companies to occupy a share in the global LED market.
Enterprises need to strengthen core technology construction
At present, most Chinese companies lack their own core technologies, and most of them are “taken”, which is especially common among downstream application companies. Even mid-stream and downstream companies with relatively low LED technology requirements must understand the mechanism of LEDs and, according to market changes, continue to innovate and continuously improve the quality and details of products to launch products suitable for the market. Only by grasping the essence of lighting, directly attacking users' pain points and bravely breaking through innovation can enterprises become the final winners.
China's LED brand is promising in the future, but for now, Chinese companies still need to work hard in innovation, design and internationalization. OFweek Semiconductor Lighting Network Xiaobian believes that the real core technology, the market can not be replaced, money can not buy, must rely on their own research and development, their own development. Only by continuously improving the technological innovation capability and improving the innovation efficiency of the mobile internet era can LED companies enrich their comprehensive industrial systems and enhance their comprehensive competitiveness.
Therefore, in the fierce and complicated global market competition, Chinese LED enterprises should aim at the field of innovative industries and advance toward the goal of cultivating and forming true independent innovation capabilities, and truly establish their own national brands on this world-class stage.
