Chinese Government Thousand Billions Purchase Order will Rock LED Industry

March 7, 2012 - PRLog -- In order to reach energy saving and emission reduction goals, in 2012  Chinese government will spend $40 billion for purchasing LED lamp, street lamp LED to provide 30% of the users of financial subsidies. After the collapse of the small enterprises last year after agitation, in government subsidies this year energy stimulating, China's LED lighting industry or facing another opportunity of development.

Recently, the Shenzhen JinLiuMing photoelectric technology Co., LTD. (hereinafter referred as "JinLiuMing") andJapanSharp (hereinafter referred to as "Sharp") signed the strategic cooperative agreement, both at home and abroad to expand LED lighting market. According to the agreement, JinLiuMing LED lighting will use the Sharp LED chips; Sharp in Japanese sales LED's light JinLiuMing by providing technology and product support; In LED lighting field, both sides in the global patent mutual authorized, common market and brand promotion.

From March 1, 2012 on, Guangdong province all financial investment of the construction of the project and the new development planning lighting, areas in public lighting area are using LED. Still have in many places to implement "LED strategy". But governments are also pushing to disable the incandescent lamp policy, the next four years to become LED lighting market layout of the critical period.

Sharp fiscal year 2011 was established in one hundred to the biggest loss, so eager to LCD TV outside of the industry development. LED lighting is established as one of the three main future Sharp. Sharp lighting division minister in well to our Chester said, Sharp developing LED technology, the past is mainly used for liquid crystal TV back light, will now be used simultaneously on TV and lighting two fields.

LED although is an emerging industry, but already in production capacity of the dilemma of the supply exceeds demand. Many enterprises in the wind cast the support, blind to expand capacity. Last year, Guangdong has many only do simple assembly LED small businesses failed. LED industry faces shuffle, technology may be one of the decisive factors. At present, Sharp is the world has LED patent filing enterprise. Sharp also engage the, Toyota synthesis LED into giant patent alliance.

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