Under the background of the current global economic recession and the slowdown of China's economic growth, the LED industry, which has always been favored by people, will also be greatly affected. The future opportunities and challenges are always the topic of concern to the industry or investment institutions. . Many people have different views on the future of the LED industry.
CREE (Cui Rui) Huagang Optoelectronics Shanghai Co., Ltd. General Manager: Mr. Tang Guoqing
Reporter: Has CREE been affected in the recent financial crisis? How to look at the prospects of China's LED industry?
Tang Guoqing: This crisis has an impact on any enterprise, but it is more or less. For CREE, the impact is relatively small, and we have achieved good growth this year.
I am still very optimistic about the prospects of Chinese LEDs. The country has launched a 4 trillion construction plan, and the LED industry will benefit. In addition, there will be Shanghai World Expo, Guangzhou Asian Games, Shandong National Games, Shenzhen Universiade, etc., which will play a positive role in promoting the popularity of LED. At present, the person in charge of the Science and Technology Department of Guangdong Province said that the province's large-scale replacement of LED streetlights and LED streetlights has been started in Dongguan. It is planned to be implemented in 10 cities including Dongguan, Foshan, Huizhou, Zhaoqing and Zhongshan within two years. Replacement plan for “Thousands of Miles†(one thousand kilometers of 100,000 street lights). This is a huge market, and in line with it, CREE's corresponding “LED City Lighting Plan†is already under implementation.
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