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Turbulent Market for LED Industry, 4000 Companies Withdraw from the Market

2015-12-16


There are as many as 20,000 LED companies, reduced 20% only after one year, 4,000 companies withdraw from the market. LED reach institute director Zhang Xiaofei announced the statistical data of LED industry present situation to the media, including the journalist of National Business Daily on 2015 company’s annual, 11th Dec. Actually, LED industry experience the price war and competition of product similarity this year. The enterprise polarization is evident. Large enterprise though mergers and acquisitions to expand the scale. The deals have reached 40.8 billion up to Nov. The minor enterprise are struggling to survival, close down and drop out are normal state.


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