G20-LED Summit Qingcheng On Road LED Lighting Feast Open

On May 26, 2013, the 1st meeting of the 3rd G20-LED Summit was successfully held in Chengdu, China.

The G20-LED Summit, which is the vane of the LED industry, was officially established on August 29, 2011. Since its first meeting, it has received the attention and support of people from all walks of life such as the LED industry, the capital industry, and government leaders. Summit member companies come from leading companies in the global LED industry, including European and American multinationals, listed companies and leading companies in various industry segments.

Under the joint efforts of member companies, each G20-LED summit set a topic to discuss the actual development of the industry and enterprises. We issued a positive appeal to the government and the industry to promote the healthy development of the industry. At the same time, effective exchanges and cooperation have been promoted through close cooperation between member companies.

Market conditions are getting warmer

The LED industry, which has entered the fast-growing period, has experienced a rapid development opportunity at the beginning of this year after experiencing the market downturn last year. With the gradual maturity of LED lighting technology, the cost performance of LED lighting products is getting higher and higher, and consumers' understanding and confidence in LEDs are also increasing. Members of the G20-LED Summit agreed that 2013 will be a crucial year for LED lighting to see explosive growth.

Since the price difference between LED lighting products and traditional lighting products has reached a critical point in the consumer market, market demand has expanded dramatically since the beginning of this year. At the same time, the continuous and rapidly growing demand for lighting applications directly led to the rapid digestion of midstream packaging, upstream epitaxial chip production capacity and the recovery of orders from related equipment companies. Some enterprises even appeared in the first quarter of this year.

At the same time, as one of the strategic emerging industries supported by the state, this year, the National Development and Reform Commission and other central ministries have gradually increased their support for the LED lighting industry. According to the previously issued “Semiconductor Lighting Energy Conservation Industry Plan”, it will gradually promote the application technology. Mature and energy-saving LED lighting products, priority to promote indoor commercial lighting products and systems, actively promote outdoor public lighting products and systems, timely promote home lighting products, and actively support innovative applications in the automotive, agricultural, medical and other fields. In addition, it will gradually increase the promotion of financial subsidies for LED lighting products.

Actively share market opportunities

However, in the context of the gradual warming up of the market, how to promote and promote the optimization and upgrading of the LED lighting industry chain and supply chain in China and the world will become the key factors for the sustainable development of the next stage of the industry.

All members of the G20-LED Summit are deeply aware of the construction of stable supply chain and the important promotion of optimization for industrial development. Therefore, this G20-LED Summit revolves around the theme of “Optimizing Supply Chain Sharing Market Opportunities” and focusing on the supply chain of member companies. In-depth cooperation and integration of upstream and downstream brand resources of member companies around the G20 product specification will quickly bring high-quality and high-quality products from the upper, middle and lower reaches to the market, and explore in depth how member companies share the LED lighting market.

This year, the participating member companies launched a discussion on the flexible supply chain cooperation relationship between them and the supply chain-based innovation business, integration of industrial chain resources and other market cooperation. We jointly advocated to strengthen information sharing among member companies. Industry chain collaboration between the middle and lower reaches to control and reduce costs.

At the same time, although the future market competition will focus on LED terminal lighting applications, it is more important to form an upstream and downstream response of the industry chain, and to promote the high-performance and high-quality products of the upper and middle reaches to LED lighting companies. The market accepts.

But the premise is that our member companies must change the traditional business philosophy. First, from individual to system, the future competition is definitely not the competition of a single enterprise, but the competition of the supply chain to the supply chain and one cooperation system to another. The second is from closure to opening. In the past, enterprises have been eager to develop, and in the future, enterprises can establish a transition from a closed development model to an open model that attracts upstream and downstream resources.

As a brand, to solve the win-win situation, the so-called win-win situation is not an excellent performance of a brand, but to solve a vertical upstream and downstream win-win problem. On this basis, member companies share the big cake in the LED lighting market.

Dr. Zhang Xiaofei, CEO of G20-LED Summit and Gaogong LED CEO, said that the signs of the LED lighting market entering the rapid growth period this year are very obvious. 2013 is the channel development year for the LED industry. Brand, marketing and channels have become more important. High-tech LED will actively promote the cooperation and win-win between G20-LED Summit members.

About G20-LED Summit

The "G20-LED Summit" is a high-end roundtable conference of LED industry, which is initiated by the world-renowned industry research and media organization - Gaogong LED, and is composed of market-leading companies in various segments of the global LED industry.

As a non-governmental third-party organization, the "G20-LED Summit" aims to become a high-level platform for dialogue between the global LED industry and open a window to the world for the Chinese LED industry. The participating members will explore the challenges and opportunities faced by the development of the LED industry and give play to the leading role of leading enterprises to guide and promote the win-win development of enterprises in various fields of the industrial chain and promote the development of benign, orderly and healthy development of the industry.

List of members of the 3rd G20-LED Summit:

Philips Lumileds
Shandong Inspur Huaguang Optoelectronics Co., Ltd. Zhejiang Yuanda Electronic Development Co., Ltd. Guangzhou Hongli Optoelectronics Co., Ltd. Foshan Jiamei Times Lighting Co., Ltd. Hangzhou Zhongwei Photoelectric Technology Co., Ltd. Zhejiang Sunlight Lighting Group Co., Ltd. Shenzhen Juzuo Industrial Co., Ltd. Shanxi Guangyu Semiconductor Lighting Co., Ltd. Jiangxi Lianchuang Optoelectronics Technology Co., Ltd. Shenzhen Jingtai Optoelectronics Co., Ltd. Tongfang Co., Ltd. Wuhan Huacan Optoelectronics Co., Ltd. North Microelectronics Shenzhen Ruifeng Optoelectronics Co., Ltd. Infineon Electronics (Hangzhou) Limited Company Sichuan Xinli Light Source Co., Ltd. Dongguan Qinshang Optoelectronics Co., Ltd. Tiantong Holdings Co., Ltd. Hengdian Group Debang Lighting Co., Ltd. Hubei Yutong Electronics Co., Ltd.

G20-LED Summit official website: http://g20.gg-led.com

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