It is rumored that a subsidy policy for LED lighting products will be introduced, and LED lighting companies are full of gunpowder.

The state is formulating a policy to provide financial subsidies to promote LED lighting products. Industry experts interviewed said that "the possibility is very high" and will further promote the popularity of LED. The competition among various enterprises is no longer a single product technology competition, but has risen to the stage of system competition. According to Xinhua News Agency, with the gradual elimination of incandescent lamps, in order to complete the task of energy conservation and emission reduction, LED subsidy policies have been put on the agenda. The road map for phasing out incandescent lamps released by the country in 2011 shows that from October 1 this year, the sale of 60-watt incandescent lamps will be banned. The subsidy policy for energy-saving lamps that started in 2008 will end at the end of this year. Currently, the National Development and Reform Commission, the Ministry of Finance and other departments are studying the policy of financial subsidies to promote LED lighting products. Pan Wenbo, director of Guangzhou Guangya Messe Frankfurt Co., Ltd., said: "60-watt incandescent lamps are the mainstream product in the civilian market. After being delisted, it will open up a huge civilian market for LED." He believes that the subsidy policy will make LED more quickly accepted by the end market. The LED industry is also ready. Due to the large number of upstream chip manufacturers in the past, , resulting in uneven quality. In the past two years, the upstream has basically been reshuffled, and the main market has concentrated on companies including foreign Puri and domestic Sanan. Tim Lester, chief operating officer of Bridgelux Optoelectronics, revealed that Bridgelux has increased investment in China this year. Following the establishment of an R&D center in Xiamen, it has also reached a strategic cooperation with Ruifeng Optoelectronics, a domestic packaging leader. Domestically, chip companies such as Changfang Lighting are also stepping up mergers and acquisitions to avoid falling behind.

Comment: Relevant industry insiders said that the development of the LED market requires both government promotion and the industry itself to improve its competitiveness. According to statistics from the Guangya Lighting Research Institute, the domestic LED application market size exceeded 200 billion yuan last year, and the growth rate is expected to reach 40% this year. This growth rate will be unprecedented and reflects the rapid development of the entire market. With favorable policies, the penetration rate of LED lighting will gradually increase. With the infinite expansion of the capacity of the home lighting market, the penetration rate of LED lighting is expected to reach 40% in 2015, so there is not much time left for LED companies.