Home renovation demand rises LED lights business orders continue


Mr. Chen’s home decoration in Nanjing entered the second half of the year and bought the lights on the agenda. The designer’s suggestion is to use LED lights more, energy saving, long life and no ghosting. Some individual style lamps only use LED lights. These obvious advantages make Mr. Chen not hesitate to choose LED.

In the current home improvement market, more and more people choose LED lights as the light source. According to a designer from Nanjing, the mainstream lighting for home decoration is energy-saving lamps and LED lights. Although the price of LED lamps is more expensive than ordinary energy-saving lamps, the advantages of LEDs are also obvious. Select the LED as the illumination source.

In addition to home LED lighting, this year, local governments have gradually identified LED lighting promotion programs. This year, the installation of LED street lamps in Guangdong Province will increase by nearly 4 times to 1.1 million baht. Beijing Metro plans to complete the renovation of 100,000 LED street lights in 2015, and plans for Jiangxi and Fujian have also been introduced. The National Semiconductor Lighting Industry Plan said that in 2015, the output value of LED lighting will reach 180 billion.

At present, in order to expand market share, LED manufacturers are making improvements in terms of price and performance. After Samsung and Cree respectively released LED bulbs with prices below US$15 and US$10, OSRAM also announced that it will launch products under 10 Euros in June this year to stimulate consumers' willingness to purchase.

LED's strong development trend this year has made domestic LED listed companies continue to order. Sanan Optoelectronics said in a quarterly report that the company's wholly-owned subsidiary Anhui Sanan Optoelectronics Co., Ltd. released its production capacity. As the company's market share increased significantly, it is expected that the company's sales revenue will be further improved. From the net profit of the LED sub-sector in the Shenwan industry classification, in the first quarter of this year, the net profit of 20 companies increased by an average of 15.13 year-on-year, while the net profit shown in the annual report last year fell by an average of 27.28. Qinshang Optoelectronics last year's annual report showed that net profit fell 15.56 year-on-year, and in the first quarter of this year it increased significantly to 30.79.

The increase in performance has brought about a rise in stock prices. Yesterday, the LED sector rose by an average of 2.91, of which Weiwei shares rose by 9.14, and Jufei Optoelectronics hit a record high of 16.75 yuan. Since April, the entire sector has risen by 12.88, and Jufei Optoelectronics has increased by 42.35.

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