In a month or two, Quanzhou citizens are expected to buy cheaper LED lights. It is understood that the results of the national 2012 semiconductor lighting products financial subsidy promotion project bidding will be announced soon, after 30 financial subsidies, the price of LED lamps sold by the winning bidders will be significantly reduced.
The retail price may be halved. The Ministry of Finance and other three ministries announced in early March that they will start subsidies for the promotion of financial subsidies for LED products. China will subsidize four types of LED lighting products for the first time, with a subsidy ratio of about 30.
It is reported that Quanzhou LED enterprises did not participate in the bidding, while Xiamen has Tongshida, Donglin Electronics and other enterprises involved.
The companies participating in the bidding are bidding at the ex-factory price, which means that if these LED lights are placed directly on the market, the price is likely to be only half of the retail price of the market. Jia Qiang, president of Xiamen Firefly Group (to Donglin Electronics), said.
The market may suppress the LED lighting application market through policies. Not only downstream manufacturers will benefit from it, but the expected pressure of overcapacity in upstream chips is also expected to ease. For example, Sanan Optoelectronics Co., Ltd. will usher in Good. With the decline in chip prices, coupled with the rebound in demand for LED backlights and the growing demand for LED lighting, this year's domestic LED industry will show a trend of low and high.
According to industry insiders, according to the current trend, the penetration rate of LED lighting in China is expected to reach or exceed 20 at the end of 2015.

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