LED lighting demand is not prosperous and overcapacity problems


Affected by the global economic weakness and overcapacity, the development of the LED lighting market is not as fast as expected. Coupled with the immature lighting terminal market, most consumers are price-oriented, making the development of the LED lighting market slower. Edison Optoelectronics (3591)'s revenue in the third quarter was NT$564 million, a decrease of 12.33 from the second quarter's NT$676 million. Edison also said it will be conservative for the fourth quarter. Attitude is expected to be difficult to get rid of market conditions in the fourth quarter, revenue is flat with the third quarter, and the imbalance between industrial supply and demand may affect the first half of next year.
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LED lighting demand is not prosperous and overcapacity problems. The LED lighting industry has received a lot of attention this year. LED companies and many countries have made great investments. However, the corresponding market has not achieved rapid development, resulting in increased production capacity. The speed is higher than the speed of market growth; in addition, the slow growth of the global economy has also had a huge impact on the LED industry, orders from the market are also less than expected; the competition in the LED industry is strong, and the price competition is becoming increasingly fierce, which makes LED manufacturers The development has been adversely affected. Edison Optoelectronics is also cautious about the conservative estimate for the fourth quarter.
The market has uploaded the message that Edison will turn from the lighting market to the TV backlight market. In this regard, Edison pointed out that it is still discussing the direction of the next year's operation, and the option to cut into the TV backlight market is also considered. Will enter the TV backlight package.
The lack of lighting demand and overcapacity is not only the case of Edison Optoelectronics, but the problems facing the LED lighting industry need our attention. Nowadays, the problem is very obvious. The LED lighting market needs to continue to develop vigorously. Enterprises should also have targeted design and production, and they should not be able to launch a product project. Only by doing a good job in both production and demand can we effectively promote the popularization of LED lighting and promote the development of green and environmentally friendly lighting.

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