Our country’s attitude towards LEDs is still very firm, giving a lot of support to LEDs, coupled with the competition and promotion of different lighting manufacturers, will help the domestic flip-chip LED industry to achieve stable growth, but some manufacturers often make huge profits. The led market has increased sharply in terms of output, and the price war has started. Although the supply of flip-chip LED epitaxial wafers has exceeded demand in my country, it is still optimistic about the future market size, and most of my country's wafers are in the middle and low-end. There is still room for a drop in the price slowdown, and the material prices of other led products will be more stable.
Under the consideration that demand determines supply, my country has not yet reached a scale in the LED industry, but the overall growth rate is still more than 20%. This is mainly due to my country's intensive policy. Although some businesses have begun to slowly transform and turn to reverse The industrial aspect of installing leds.
At present, there is a huge demand for LED lighting. Due to the large population base of our country, the continuous improvement of people's living standards, and the recognition of high-tech products, flip-chip LEDs have good development prospects in my country and will occupy a certain market in the future.