"LED Lighting Channel" January issue editor's message: Who will pay in 2013?

[Source: Gaogong LED 's " LED Lighting Channel" magazine January issue ]

Another year has passed, and the time in January is a bit special. Between the Lunar New Year and the new calendar year, everyone has to turn their fingers to finish the workday. This kind of situation is likely to be loosened after the company’s meal. January is also the end of the successive counts of various large and small enterprises. It is only in this retrospective and prospective position that the LED industry's “New Year's Eve” is estimated to be a taste of all tastes.

Sitting on this big dinner table across 2012, extending 2013, from equipment, epitaxial wafers, chips, packaging, phosphors, to various types of application lamps, all brands in the LED industry chain have a seat. Of course, the premise is a business that is still alive.

This sentence is said to be really mean when the New Year is approaching. After all, the Spring Festival should still say something pleasing. However, the overall closure of 10%, the price fell 20%, the profit fell 30% and other figures are shocking, the reality is: the table is mixed and pointing, often after the dinner table, they are pleading for futures.

What is even more frightening is that the negative numbers of these step-by-step climbs have not become the threshold, and the influx into the LED field is still going on. It turned out to be an industrial-related household or a policy-related household. Later, when the gossip did not hit a piece, it also came to join in the fun. Such as digging black coal, selling white wine, engaging in real estate, selling medicine... Of course, there are also multinational giants.

Foreign and foreign consortiums enter, the first thing to do is generally two things: mergers and acquisitions and digging. (This has increased the rigidity of the original LED, of course, also provides a way out for large, medium and small companies.) Mergers, acquisitions, holdings, joint ventures, roughly speaking the techniques. There are many combinations of the purpose of the merger and the depth of the cooperation.

As the saying goes: a good man three gangs. There are more "brothers" around me. In theory, there should be more dishes on the dinner table, but there is more than one hand and one more heart.

Everyone has a uniform gun, and the division of labor and cooperation is good. The most taboo is to look at the same piece of meat in the same plate. Like Philips and Yaming, the “brothers and brothers” have been fighting for customers for more than ten years. In the end, the latter spent money to buy back equity. It was only Shiyi’s time shift, the development of the mainland lighting market, and Philips’ channel layout. Another example is Osram and Foshan Lighting. The annual purchase amount promised by the former has not been fulfilled. The core technology and channel market of the latter has been weakened year by year, and it has almost become an OEM. The seven-year itch is not limited.

Recently, there has also been a share conversion between Jingdian and Guangjia, a private placement of Sanan and Yiyuan, and a shareholding transaction between NVC and Dehao Runda. The stronger the oligarchic trend that seems to be stronger, the more obvious it is. The seat on the dinner table begins to appear as a "class" of the guest and subordinates.

However, we must not forget that these are just small circle cooperation of LED professional households. There are also traditional enterprises, state-owned enterprises, foreign-funded enterprises and foreign-invested enterprises.

Whether it is big fish, small fish, small fish, shrimp, or fast fish, slow fish, slow fish, water, grass, your own products and marketing channels can not let the terminal pay, or the terminal first bought a list of inferior goods, mergers and acquisitions Whether it is cooperative financing, or the "transaction" of stocks and rights in a certain personal purpose, its original intention and dreams are likely to be inserted with heavy wings.

When the industry is chatting, there is little optimism about the LED industry in 2013. The only certainty between words is the uncertainty of the 2013 market forecast.

In 2013, we should also see a number of examples of business mergers. I am afraid that it is as true as the line in the American TV series Lost: "Live together, die alone."

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