January 10, 2025

Initially formed in the industrial chain, the average annual growth rate of the LED industry exceeds 20%

In order to let the competent authorities of the industry have a clearer understanding of the LED industry and better formulate the “Twelfth Five-Year Plan”, the Ministry of Industry and Information Technology held a seminar on the development of the LED industry in the industrial sector in Jiangmen City yesterday.

At the symposium, well-known experts and scholars from more than 10 national industry associations and leaders of LED industry authorities from more than 20 provinces, municipalities, autonomous regions, and cities under separate planning showed the status, trends, risks, and establishment of industry standards for the development of the LED industry. Government guidance and services were discussed and discussed, with particular reference to current problems such as weak industrial innovation capabilities and inadequate corporate accumulation.

According to Xiao Hua, Director of the Electronic Information Department of the Ministry of Industry and Information Technology, the LED industry is the most promising strategic emerging industry recognized globally and competitively. At present, the United States, Japan, and Germany are the leading players, while South Korea, Taiwan, and China are rising. In the competitive landscape, the domestic average annual growth rate of the domestic industry has exceeded 20% in recent years, and the industrial chain has taken initial shape. The Yangtze River Delta, the Pearl River Delta, the Bohai Rim, Jiangxi and Fujian have become the four major industrial agglomerations, accounting for 85% of the country's industrial scale. . However, he believes that insufficient capital accumulation and inadequate technology accumulation will plague the industry for a long time. Therefore, "the next step is to strengthen the planning guidance, do a good job of the "12th Five-Year" LED industry development plan, "strengthen the industry chain interaction, and promote the application of LED in various fields."

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