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Beijing E-Town to gain from LED industry's 20% growth in China

Apr. 27, 2012 (China Knowledge) - China's major consumer electronics and lighting products manufacturers, saw its gross output value in LED industry grew 22% year on year to RMB 154 billion in 2011, sources reported. It is expected see stronger growth in 2012.

Last year, LED application industry realized RMB 116 billion in output value, RMB 21 billion more than it realized in 2010, or reflecting a year-on-year increase of 22.11%. The output value contributed by chip manufacturing and LED packing industry reached RMB 6 billion and RMB 32 billion, up 50% and 18.52% than a year earlier, respectively.

China has become the largest LED components application market in the world, last year, about 35% of LED components were consumed in the country, and the main application fields in China were landscape lighting, electronic products backlighting, LED screen and general lighting. The major domestic LED manufacturers include Leyard Optoelectronic Co<300296>, Jiangxi Lianchuang Optoelectronic Science and Technology Co Ltd<600363>, Ledman Optoelectronic Co Ltd<300162> and Sanan Optoelectronics Co Ltd<600703>.

During the 11th Five-Years Plan period, between 2006 and 2010, China saw the industry reached an annual growth rate of 35%, and becomes the fastest growing market in the world. Meanwhile, the country will accelerate the adjustment of its industry structure, strengthen supply chain, and continue to encourage the development of LED industry.

Riding this trend and market opportunity, Beijing E-Town, a triple-A rated industrial park, custom-built a special-purpose industrial park dedicated to the LED application industry. Its major investor, Leyard Optoelectronic Co<300296>, the builder of LED projects for the 2008 Beijing Olympic Games, covered a land area of 90,000 sq m and will include facilities producing full-color LED displays, LED TVs, creative LED displays, LED lighting products and LED backlit products as well as a LED packaging facility.

Beijing E-Town has attracted many well-known domestic and foreign electronics and information technology companies, the establishment of LED application industrial park of Leyard will complete its electronics supply chain, and further strengthen E-Town's high-tech manufacturing.

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