"New Industry" learned that not only listed companies, this year, non-listed companies also launched a wave of expansion. A senior executive of a non-listed packaging company revealed to the "New Industry" reporter that their orders have been placed at the end of this year and the production capacity cannot keep up.
The expansion of the product is mainly white light SMD packaged devices, the capacity increased by more than 30% compared with last year. Zhang Hongbiao, director of the High-tech LED Industry Research Institute (GILL), said that last year, LED packaging capacity was seriously overcapacity, and enterprises were complaining that the capacity utilization rate was only 5% to 60%, and this year's LED capacity utilization power reached more than 80%.
The surge in packaging expansion is mainly due to the recovery of the lighting market.
As the cost of LED lighting gradually meets the requirements of different regions and various sub-application markets, its penetration rate will gradually increase. “The penetration rate is expected to rise from 5% in 12 years to 50% in 15 years.†Zhang Hongbiao pointed out that in the first half of this year, the LED lighting market growth rate reached more than 30%, and there were 46 new planned investment projects for LED downstream applications.
In the first half of 2013, Ruifeng's optoelectronic lighting package achieved sales of 137 million yuan, a year-on-year increase of 49%. In the same period, Hongli Optoelectronics (300219.SZ) SMD LED achieved sales of 215 million yuan, an increase of 24.82%.
However, it is surprising that although the LED packaging capacity has expanded and prices have continued to decline, the gross profit margin of LED packaging has not changed, basically maintaining between 20% and 30%.
For the expansion of capacity, Gong Weibin, chairman of Ruifeng Optoelectronics, has his own unique views. On September 13, the high-profile new growth of the 2013 LED lighting industry sponsored by Gaogong LED at the Shenzhen CEO Summit, he pointed out that the reason why China's LED packaging manufacturers accelerated production expansion is because they only have two or three times to seize market share. In the year, everyone hopes to increase market share by expanding production capacity.
"The LED industry is about to enter a slow growth cycle. After 2018, LED packaging capacity may enter a period of negative growth." Gong Weibin believes that LED life is long, the alternative market space will become smaller and smaller, and the LED lighting growth cycle will come. The shorter.
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