May 25 2010
Himfr.com, one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, analyzes that with the color TV industry's transition into flat screens, LED has become a hot investment.
The popularity of China's domestic flat panel displays is a rising trend. The LED industry has become a hot investment project, including names such as Skyworth, TCL, and Tsinghua Tongfang.
Himfr reports that Skyworth, in October last year, began to complete its total industrial chain from raw materials, spare parts, components, and modules, through to the final product. It is expected that 2010 LED LCD sales will increase by 30%.
The pace of Tsinghua Tongfang's entry into the LED industry chain is accelerating. With its investment and construction project in Shenyang, there is a production capacity of 2 million sets on their 4 LED backlight LCD module production line.
Himfr analyzes that this round of color TV business investment stems from behind the broad market. As LED backlight module prices continue to drop, LED backlit LCD TV shipments are expected to reach 35 million units, which will account for 20% of global LCD TVs.
This round of domestic TV business investment is similar to the period two years ago when the domestic color TV giants entered the LCD module production market.
With Samsung, Sony and Sharp, representing foreign flat panel technology, they have a control on the LED industry chain and cut prices, aiding the Gome and Suning chain channel market share recovery of 57%.
It is reported that in Beijing, Guangzhou and other first level cities, many consumers are upgrading from CRT to flat panel TVs, directly selecting the more cost-effective LED-backlit LCD TVs, making China the largest LED LCD TV market.
Source: http://himfr.com/