LED market stepping into the polarization of SMEs is increasingly difficult to survive

On August 19th, the staff of the Gongming Labor Management Office of Shenzhen Guangming New District was still busy with the wages of the workers of Shenzhen Shifang Optoelectronics Co., Ltd. (hereinafter referred to as Shifang Optoelectronics). According to the notice of the above-mentioned Gongming Labor Management Office, Shifang Optoelectronics has been in arrears with more than 200 employees for two months.

"Daily Economic News" reporter learned that Deng Junguo, the legal representative of Shifang Optoelectronics, has not made public appearances for many days, and the company is currently in a state of suspension.

In this regard, Zhang Xiaofei, director of the High-tech LED Research Institute, told reporters that the polarization of the LED industry is becoming more and more obvious. In the process of shuffling, the days of small and medium-sized enterprises are getting more and more difficult.

Many companies have gone out of business since July

On August 14, the Gongming Labor Management Office issued a notice stating that Shifang Optoelectronics defaulted on the wages of 220 employees from June 1, 2013 to July 31, 2013. The legal representative of Shifang Optoelectronics Deng Junguo has not come forward to cooperate with the government. The department will coordinate the handling and, in accordance with relevant laws and regulations, if Deng Junguo does not contact the relevant staff of the Gongming Labor Management Office within 3 working days after the announcement, and immediately returns to the company to deal with the arrears of wages, etc., he will be held liable. .

Three days have passed, yesterday, the staff of the Gongming Labor Management Office told the reporter of "Daily Economic News" that Deng Junguo still did not show up, "preliminarily confirmed that he has already run."

According to the information on the website of Shifang Optoelectronics, the company is mainly engaged in LED lighting devices, LED electronic displays and LED application products. With more than 10,000 meters of factory buildings, as well as a modern research and development base, equipped with advanced production, analysis, testing equipment. This is since July this year, following the suspension of Zhongshan Xiongji Lighting Factory, Zhongshan Shihao Epi-crystal Factory and Shenzhen Yiguang Technology Co., Ltd., another small and medium-sized LED company has stopped production.

SMEs have difficulty in survival

For the bankruptcy of these small and medium-sized LED companies, Li Wei, manager of Shenzhen Ruiwang Semiconductor Co., Ltd., who has been working hard in the LED industry for a long time, is not surprised at all. He told the Daily Economic News reporter that the market overdraft was the direct cause of the collapse of these companies.

Since March of this year, the LED market has begun to pick up. Many companies have indicated that the order volume has increased significantly, sales have risen, and it is predicted that the LED explosion period has arrived.

Under this optimistic expectation, many LED companies began to increase production and expansion. “March to May of this year is the busiest time period. According to the performance of the market, many companies have begun to expand blindly.” Li Wei said that in this context, the production capacity is completely surplus, and some enterprises completely overdraw the market in the second half of the year. It is.

In addition to capacity expansion and overdraft market, Zhang Xiaofei told the reporter of "Daily Economic News" that the deeper reason is that with the increasing competition, the LED market has entered the stage of polarization, and the larger enterprises are getting bigger and bigger, while the small and medium enterprises Survival is increasingly difficult.

Judging from the LED listed companies that have released the 2013 mid-year report, although many companies' profits have declined to varying degrees, these large companies have basically maintained an increase in operating income compared to the same period last year. For example, Lehman Optoelectronics (300162, SZ) revenue increased by 7.06%, Lianjian Optoelectronics (300269, SZ) revenue increased by 12.91%, Chau Ming Technology (300232, SZ) revenue increased by 33.89%, dry photo photoelectric (300102, SZ) revenue increased by 14.96%, and Jufei Optoelectronics (300303, SZ) revenue increased by 52.54%.

The reporter checked the relevant industrial and commercial information and found that the registered capital of Shifang Optoelectronics, which had just stopped production, was only 1 million yuan. In the LED industry, it can only be counted as small and medium enterprises.

"SMEs' capital chain is very tight, and there is no channel of their own. At present, some large companies basically lower their profits to the point where SMEs can't fight back, making the days of SMEs more and more difficult." Zhang Xiaofei said.

Zhang Xiaofei finally pointed out to the reporter of "Daily Economic News" that at present, the intensity of shuffling has become more and more large in the whole industry. Next, there may be a situation in which large enterprises have orders constantly and small enterprises have dumped a batch.

(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)

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