Li Bingjie: Domestic production capacity has reached more than 20% of world production capacity for the first time

On August 17-18, 2012, the 9th Gaogong LED Industry Summit held in conjunction with the 2012 Gaogong LED Exhibition was held in the conference room on the third floor of Guangzhou Poly World Trade Center. The CEO Conference is divided into three parts, focusing on the upper, middle and lower reaches of the industry chain. The meeting invited senior executives from well-known listed companies including Taiwan Jingyuan Optoelectronics, New Century Optoelectronics and Tongfang, Guoxing Optoelectronics and Ruifeng Optoelectronics. He delivered keynote speeches and shared unique industry insights, the latest cutting-edge technologies in the industry, and lighting market strategies.

Li Bingjie, Chairman of Taiwan Jingyuan Optoelectronics Co., Ltd. made an in-depth analysis of the dangers and opportunities in the upstream, the elements of upstream survival and the necessary capabilities and the future pattern.

Li Bingjie pointed out that this year's domestic (China mainland and Taiwan) production capacity reached more than 20% of the world's production capacity for the first time. In the past, every time I saw China's production capacity was between 5% and 6%. But he said that this is just capacity data, in fact, the operating rate is only less than 70%. In terms of size, the demand for two inches in the world is stabilizing, 4 inches is gradually increasing, and the 6-inch part is slowly reflecting. He said that until 2014, there will be a slight closer proximity between supply and demand.

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