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Interest rates down a large number of LED companies die in price war vortex

  • Source:net
  • Release on :2016-06-29
      Shenzhen Risen OPTO Co.,Ltd,led flood light supplier,Aluminum Alloy Flood Light Manufacturers,waterproof led lamps supplier china .
     By 2015, Philips open LED products price surges, then Linsen, Foshan Lighting, Op lighting and other lighting giant also joined in succession this price war, leading to the decrease of LED lighting profit rate, increasing competition in the market, the domestic small and medium-sized enterprise survival environment is squeezed, a large number of enterprises from price war vortex.
    With the ongoing LED price war, product gross profit decline, resulting in LED enterprise revenue and net profit decline. To this end, OSRAM, PHILPS, GE lighting and other international lighting giants have gradually shifted from the low margin general lighting to Gao Lirun's subdivision lighting market, in order to find a new profit growth point.
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