LED lighting demand is expected to usher in the "blowout period"
Organic Phosphonic Acid Salt,Organic Phosphonate,Phosphonic Acid,Organic Phosphonic Acid Salts Jiangyin Lanyu Chemical Co.,Ltd. , https://www.lanyu-chem.com
The continued growth in demand for lighting has driven the LED industry into a one-way uptrend channel. According to domestic LED experts, the overall output value of the LED industry will increase by about 20 in the fourth quarter of this year. The annual output value of LED indoor lighting will increase by 110% compared with last year. Although the LED indoor lighting output base is increasing year by year, the research institutions estimate that next year led The shipment of lighting products will reach 1.32 billion, an increase of 68.
On the evening of the 10th, Weiwei announced that it has signed a 120 million yuan LED lighting product purchase and sales contract with overseas companies, which is another evidence that LED lighting products will advance rapidly. With the approach of disabling incandescent lamps worldwide in 2017, LED lighting is gradually entering an explosive period.
Nanda Optoelectronics owns high-purity metal organic compounds (MO sources) with independent intellectual property rights. It is the only enterprise in China that realizes the industrialization of MO sources, accounting for about 25 global production capacity. With the increase in domestic MOCVD capacity utilization, the company's main product, trimethylgallium (TMG) demand has rebounded sharply, while the new products, trimethyl indium (TMIn) and diethyl gallium (CMGa), have been acquired by Cree, Philips, Osram, etc. Certification or sample delivery, entering the international major customer supply chain will bring explosive growth to the company's revenue.