Guangdong's LED industry continues to grow rapidly and grows well.


In 2011-2012, Guangdong Province has organized and implemented two batches of strategic emerging industry core technology research projects, the provincial finance invested a total of 1 billion yuan, with a focus on supporting 140 projects. On this basis, in 2013, Guangdong Province continued to promote the core technology of strategic emerging industries, and the third batch of core technologies organized 34 topics in emerging industries such as new electronic information, new energy vehicles, LEDs, and biotechnology, which are expected to break through. A batch of core technologies have obtained 500 invention patents, achieving a new output value of more than 100 billion yuan.
Among the key provincial construction projects in 2013, there were 105 strategic emerging industry projects, including 15 new projects, with a planned investment of 20.5 billion yuan. A number of major projects with a total investment of over 3 billion, such as Guangzhou LG's 8.5th-generation film, Huizhou Zhongxing New Communication and Xinwangda New Energy, have been launched.
The LED industry continues to grow rapidly. The application of LED lighting products has shifted from pilot demonstration to large-scale application. Since last year, Guangdong Province has sold 630,000 LED street lamps and 1.3 million LED indoor lamps. After years of cultivation and development, the LED industry in Guangdong Province has made a series of breakthroughs in core technology research. The upstream, downstream and downstream industries such as backlights, chips and equipment have developed rapidly and become the largest province in the national LED industry. The LED benchmark system and technical standards have established and regulated the LED market. The industry has shown a trend of active technological innovation, rapid market promotion and continuous improvement of product penetration. In 2012, the total output value of the LED industry in the province exceeded 210 billion yuan. From January to May, the output of LED products nearly doubled, and the industry continued to grow rapidly.
At the same time, small and medium-sized technology enterprises in Guangdong Province have used the capital market to accelerate their growth and development. At present, a total of 76 small and medium-sized enterprises in Guangdong are listed on the GEM, accounting for 1/5 of the number of GEM companies, ranking the first in the country. Among them, 92 GEM companies are concentrated in strategic emerging industries, ranking the top three in the number of electronic information, high-end equipment manufacturing and LED companies. In the first half of the year, the financial statements of the company showed that the GEM enterprises in Guangdong 95 achieved profitability, but the profit growth rate decreased compared with the same period of last year, indicating that the strategic emerging industry market still needs further cultivation.

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