Monday, December 2, 2013

Third G20-LED 2nd CEO Summit Meeting Guangzhou LED Upstream Future Dialogue

The third G20-LED 2nd CEO summit meeting was successfully held in Guangzhou on November 24, 2013. We focus on
LED light
LED light
"Drive Lighting the Future" is the theme of the discussion. 


The second CEO meeting was the development of LED lighting industry to a critical point of a landmark meeting. Meanwhile, thanks again for the full participation of member companies and thoughtful work done by the contractor meetings and support. 

Soon to be over in 2013, LED lighting end-market demand from the beginning to enter the rapid increase channel capacity utilization lighting companies generally close to saturation. But also led to the capacity utilization in the upstream chip, package links quickly upgrade the overall market trend in the industry for the better. 

According to the think tank summit G20-LED - LED Engineering Research Institute (GLII) report released in the fourth quarter of this year, the overall LED industry output will grow by about 20%, while the annual output value of LED interior lighting will be increased by 110 last year %. Expected to next year, although the LED interior lighting output base in year after year, but output growth will remain at around 60%. 

The CEO meeting, the leaders and representatives of member companies on their respective segments of the market performance of the first three quarters, the pattern changes and the development trend of the industry in 2014 to do an in-depth exchanges and discussions. 

The CEO meeting, the members of the business leaders and representatives also discussed how the LED lighting market is under chaotic pattern of self-regulation by the industry, plans to take full advantage of this platform to the terminal CLEAR lighting market formation "invisible" specification.

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