[High-tech LED News] Launched by the world-renowned industry research and media organization - Gaogong LED, the global LED industry chain enterprise is a member of the LED industry high-end round table - "G20-LED Summit" 1st meeting, in 2011 On August 29th, it was successfully held at the Shanghai International Convention Center. Member leaders attending the 1st meeting of the first G20-LED Summit All members of the company's leaders and guests attending the 1st meeting of the G20-LED Summit The LED industry is welcoming huge opportunities, but industrial chaos is prominent
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The G20-LED Summit is held annually by Gaogong LED and is the most representative high-level conference in the LED industry. This is the first meeting of the 2011 G20-LED Summit (first).
Representatives of 20 corporate members attending the 1st meeting (the following rankings are in no particular order): VEECO, Philips Lumileds, SAMSUNG LED, Intermec Optoelectronics (Shenzhen) Co., Ltd., Shandong Inspur Huaguang Optoelectronics Co., Ltd., Tongfang Co., Ltd. , Yaweilang Optoelectronics (China) Co., Ltd., Guangdong Dehao Runda Electric Co., Ltd., Shenzhen Ruifeng Optoelectronics Co., Ltd., Guangzhou Hongli Optoelectronics Co., Ltd., Shenzhen Wanrun Technology Co., Ltd., Zhejiang Shenghui Lighting Co., Ltd., Sichuan Xinli Light Source Co., Ltd., Zhejiang Sunlight Lighting Group Co., Ltd., Shanghai Yaming Light Bulb Factory Co., Ltd., Fujian Wanbang Optoelectronics Technology Co., Ltd., Shenzhen Juzuo Lighting Co., Ltd., Infineon Electronics (Hangzhou ), Hangzhou Zhongwei Photoelectric Technology Co., Ltd., Dazu Laser Technology Co., Ltd. 
Representatives of the industry organizations attending the first meeting of the G20-LED Summit (the following rankings are in no particular order): Shanghai Fudan University, Taiwan Optoelectronics Semiconductor Industry Association, Hong Kong Applied Science and Technology Research Institute, Xiamen LED Promotion Center, Fujian Optoelectronic Industry Association, Nanjing Flat Panel Display Industry Association, Zhongshan Semiconductor Lighting Industry Association, and the 13th Research Institute of China Electronics Technology Group Corporation. 
Overall, the global LED lighting market did not perform as expected in the first half of this year. Since the market generally showed an overly optimistic forecast for the LED backlight market and its rapid development of general lighting, it once caused excessive investment into the LED upstream, which caused a sharp increase in upstream enterprises, which has caused serious talent shortage and a certain degree of structurality. Overcapacity. Most of the enterprises in the midstream packaging industry are small, and the gross profit of the entire packaging industry is greatly reduced. 90% of the small and medium-sized packaging companies are facing reshuffle. Most of the downstream lighting application companies are smaller, and both the entry of LED application companies and the transfer of traditional lighting companies to LEDs are also facing difficulties. At present, a large number of inferior LED lighting sources and lighting products on the market are flooding the low-end market, which has greatly damaged the reputation of LED.
The LED industry is experiencing the most critical period of development in history. The summit representatives agreed that the global LED industry is facing unprecedented challenges.
At the same time, the entire LED industry is also welcoming huge opportunities. The rapid improvement of LED light efficiency, breakthroughs and trials of new materials, and the application of a large number of LED displays and landscape lighting in large-scale events and venues have made consumers' awareness and acceptance of LEDs constantly improved.
At the same time, in recent years, the United States, Europe and Asian countries and regions have actively implemented semiconductor lighting development plans, and even raised the semiconductor lighting industry to the national strategic height for system deployment. In order to promote the rapid development of the LED industry, the Chinese government has also increased its support for the LED industry as early as the 10th Five-Year Plan period, and successively introduced several important support policies. Therefore, the global LED industry is facing unprecedented policy opportunities, with huge technological upgrading space and market potential, and the development prospects are very positive.
Although some industries have suffered a major impact since the global financial crisis in 2008. But as one of the representatives of strategic emerging industries, the LED industry has expanded against the trend. In particular, LEDs currently have great potential for development in landscape lighting, backlights (small size, LED TV), street lamps, agricultural vehicles, etc., and their development prospects are still good.
The participants agreed that the huge potential LED lighting market is the future of the LED industry. The current technological development level of the existing LED light source is no longer the bottleneck of LED lighting development, whether it is talent (except upstream enterprises), capital or technology research and development progress. All of them have been basically solved. The key breakthrough is the unified understanding of enterprises, experts and the government, and jointly develop market-oriented industry standards and policies to gain consumer awareness and recognition.
Looking forward to the future, the delegates agreed that with the continuous advancement of technology and the continuous reduction of costs, the trend of LEDs entering the general lighting market is inevitable. However, in the current process of LED industry layout, especially the global financial crisis, international demand has been greatly reduced. Many multinational companies have turned their eyes to the Chinese market. There are some blind radical ideas in the domestic LED industry.
In addition, a part of the irresponsible public opinion in the past misrepresented the chaos of profit distribution in the upstream and downstream, instilling investors with the misconception that upstream epitaxial chips accounted for nearly 70% of the profits of the entire LED industry, which indirectly triggered the LED upstream investment boom.
Create a global dialogue platform to help the healthy development of the industry
The delegates believe that the establishment of a market-based access mechanism, the open cooperation of the entire industry chain, and a reasonable standard system....... This is the only reliable basis for the future sustainable development of the LED industry and the mutual promotion of the various sub-lighting application markets. .
Now, people are worried that the market is over-expanding, and the demand for LED lighting is still unclear. Everyone is confused about how to stimulate the huge potential LED lighting market demand, how to correctly encourage consumers to buy cost-effective LED bulbs, how to train enough technical engineers, how to ensure that raw materials are not short, and how to help the government to make all LED operators directly or Indirect benefits policies, and more rational use of various industries and research and development of special funds and other issues.
The summit organizer Gaogong LED aims to make this conference a high-level platform for the global LED industry to engage in dialogue, relying on practical actions to face these staged challenges and opportunities in the development of the LED industry, and through open cooperation. Cooperate with the industry self-discipline to guide and promote the win-win development of enterprises in all sectors of the industrial chain, and support the central and local governments to introduce more favorable and favorable support policies and regulations for the healthy development of the LED industry.
Through this summit platform, promote mutual respect for intellectual property among industrial enterprises, properly solve patent problems, strengthen exchange of patent technologies, and form cross-licensing; strengthen personnel training, resist the phenomenon of digging corners, ease the crisis of talents; strengthen cooperation with financial institutions, and let investment Orderly; it is proposed that the government is guiding industrial policies, accelerating the implementation of government subsidy policies, and fair, open and fair competition for public works. Abandon local protectionism; promote accelerated standard setting and implementation. Summit representatives will strive to contribute to the healthy development of the LED industry through a set of examples and initiatives.
It is hoped that through a series of specific measures, it is also an unprecedented spontaneous and unified action in the industry to help the LED industry to get out of the current predicament and to continue to develop healthily. 
