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LED industry tends to mature large enterprises to compete for expansion
Since the beginning of this year, the LED industry can be described as warm and cold. On the one hand, the industry has been touting the high degree of prosperity that the brokers have been touting since the beginning of the year, and on the other hand, it is the continuous exposure of the road gate incident. The LED industry is gradually moving from maturity to maturity. Although the rapid growth of the industry continues, the pressure on the company will not be small. In the process, it is inevitable that big fish will eat small fish and fast fish will eat slow fish. The number of enterprises will gradually decrease due to mergers, acquisitions and exits. LEDinside senior analyst Wang Fei said. The industry's high level of prosperity is not a blow. The report for the first three quarters of 2014 from LEDinside can be used to look at the leopard. Among the 20 listed companies with LED-related business as their main business, 15 companies are welcoming revenues and gains. The expansion of the chip field is still taking place. The production capacity of the mainland chip big brother Sanan Optoelectronics has been rushing to the forefront. In April this year, it announced that it will increase the investment of 10 billion yuan to build a blue-green optical epitaxy and chip production line. The total scale of 200 MOCVD (based on 2 inches and 54 pieces) In the first phase, 100 MOCVD equipments were launched. Huacan Optoelectronics did not count the cost expansion against the market when the chip was down two years ago. First, after the listing, it used the raised funds to establish a wholly-owned subsidiary in Zhangjiagang. The company's production capacity is twice that of the Wuhan parent company, which is equivalent to the production capacity. The original 3 times. Even the low-key and cautious Ganzhao Optoelectronics announced in July this year that it would expand the total investment of 5 billion yuan and add 100 MOCVD equipment. The 50 new MOCVD equipments in the first phase of the project will be at the latest in 2015. Placed in place and produced before the end of the month. The expansion of the competition is not only in the field of chips, but also in the field of packaging. Hongli Optoelectronics' current packaging capacity has reached 1500 KK per month, and at the beginning of this year, this figure is only 800 KK. After Hongli acquired Smect Optoelectronics, the total Dahongli capacity will reach 2000 KK / month, of which only EMC capacity will reach 600KK (Hongli 200KK Simai 400KK), ranking second in the country. Hongli will continue to inject capital into Smax to continue to expand its EMC capacity. When it comes to big data this year, the most indispensable thing for Mulinsen is big data that is scary. Lin Liliang, general manager of Mulinsen Lighting, said that Mulinsen's monthly LED production capacity in 2012 exceeded 20 billion, and it continued to expand at a rate of more than 1 billion per month. It is estimated that the monthly production capacity in 2015 will reach 30 billion. Under such a large capacity release, small companies fight for capacity, but the price can not be spelled out, there is no capacity advantage, there is no price advantage. Industry insiders bluntly, companies with small scales and similar product routes to Mulinsen are basically forced to climb to the edge of the cliff, or jump off the cliff, or turn to other product lines. Although the industry is maturing, the growth rate will decline, but the price will tend to be stable, and the industry profits will gradually return to normal economic profits. Large companies hope to increase market share by continuing to expand, and occupy a favorable position in this survival competition. Wang Fei said. Different from the big company's big expansion route, the fate of small companies is more tragic. In 2014, the LED industry shuffling is still accelerating, and naturally it is washed away. This year, it was the Lihefeng Technology (Shenzhen) Co., Ltd., Zhongshan Fengguang Lighting, Jiangmen Jinqiutian Lighting, Zhongshan Good Racing Lighting, Sichuan Yuanli Optoelectronics, etc. According to LEDinside statistics, from 2011 to 2014, the number of LED companies involved in the newspapers was publicly reported. The number of LED companies involved exceeded 18, which did not include those companies that were quietly shut. A person in charge of a private enterprise that is unwilling to sign is a look of sadness. The industry situation is changing too fast. It is not easy for small companies to survive in the cracks. Those listed companies will not be able to finance the hundreds of millions of capitals. The future war will be more intense. If anyone can survive, they will look at each other's skills. Borrowing a sentence to end, the Americans invented things, the Japanese made it fine, the Koreans made it cheaper, and the Chinese made it without money.