The third meeting of the G20-LED Summit will be launched in Hangzhou on May 17.

Recently, four companies, including North Microelectronics, Huacan Optoelectronics Co., Ltd., Dongguan Qinshang Optoelectronics Co., Ltd. and Shanxi Guangyu Semiconductor Lighting Co., Ltd., were invited by the G20-LED Summit Organizing Committee to formally join the summit.

On May 17, 2012, the third meeting of the G20-LED Summit will be held in Hangzhou, a beautiful West Lake.

Looking back on 2011, two G20-LED summits brought a new atmosphere to the industry.

In August 2011, the first G20-LED summit was held in Shanghai. The leaders of the 20 global LED industry representatives from the perspective of their own and industry from the perspective of their own "overcapacity", from their respective industry chain links have been fully explored and communicated, and reached a consensus.

Everyone agrees that with the near-explosive growth of the number of LED operators in China, LED companies have also expanded from the Pearl River Delta and the Yangtze River Delta to most of northern China and even the northwest. However, it is not objective and unscientific to emphasize overcapacity, and it is not conducive to the healthy development of China's LED industry.

Dr. Zhang Xiaofei, Secretary General of the Summit, gave a strong boost to the basic market research data: "According to the data of the High-tech LED Industry Research Institute, the current average growth rate of the entire LED industry is 55%, so we don't think there will be any big The problem of the closure of an enterprise. Even if the global economic growth is weak, I think LED lighting is a sunrise industry, and this will not happen."

In December 2011, the second G20-LED summit was held in Shenzhen. At this time, the Chinese LED industry is experiencing a cold spell, and the crisis caused by the multi-generation is spreading across the country. On the one hand, it is due to the poor overall economic environment, and on the other hand, due to overheated investment. Previously, the optimistic expectations of LED backlight penetration were not as good as expected, and the LED lighting startup was temporarily invisible, which led to overcapacity and corporate closure.

The theme of the 2nd meeting was "Competition in Competition". The leaders of 20 companies discussed the current LED industry dilemma and changes in the market competition environment, and sought to maximize the role and influence of the G20-LED Summit. Cooperation between enterprises to jointly resolve the crisis.

At the same time, this meeting will also discuss the establishment of the "G20-LED Summit Shanghai Communiqué" (see the full text of the Shanghai Gazette: http://) on patents, markets Specific implementation plans for initiatives such as product specifications.

List of G20-LED Summit members (the following rankings are in no particular order):
Tongfang Co., Ltd. Infineon Electronics (Hangzhou) Co., Ltd. Shenzhen Ruifeng Optoelectronics Co., Ltd. Guangzhou Hongli Optoelectronics Co., Ltd. Hangzhou Zhongwei Photoelectric Technology Co., Ltd. Shenzhen Juzuo Industrial Co., Ltd. Sichuan Xinli Light Source Co., Ltd.
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Shandong Inspur Huaguang Optoelectronics Co., Ltd. Zhejiang Sunshine Lighting Group Co., Ltd. Intermec Optoelectronics (Shenzhen) Co., Ltd. Fujian Wanbang Optoelectronics Technology Co., Ltd. Shanghai Yaming Bulb Factory Co., Ltd. Yaweilang Optoelectronics (China) Co., Ltd. Dazu Laser Technology Co., Ltd. Guangdong Dehao Runda Electric Co., Ltd. Shenzhen Wanrun Technology Co., Ltd. North Microelectronics Huacan Optoelectronics Co., Ltd. Dongguan Qinshang Optoelectronics Co., Ltd. Shanxi Guangyu Semiconductor Lighting Co., Ltd.

More about the G20-LED Summit>>> http://

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