Li Wei: Analysis of the impact of energy policy on the LED industry

On August 8th, 2010 LED illuminated China tour - the fourth seminar of national tour research and industrial seminars was successfully held in "Jiangcheng" Wuhan, and the scene was very enthusiastic. The seminar was held in the multi-function hall on the third floor of Guanhu Building, Wuhan Lakeside Garden Hotel. It was hosted by Gaogong LED and Wuhan·China Optics Valley Semiconductor Lighting R&D and Industry Alliance. The meeting held a profound discussion on the current hot topics of LED industry development in Hubei Province and LED industry planning.

The conference attracted a total of 150 visitors. Most of the audience at the conference were senior executives and members of government agencies of LED enterprises in Wuhan. At the meeting, Diyuan Optoelectronics Dong Zhijiang, Jiangsu Xinli Optoelectronics Chen Xu, Ke Rui China Li Wei, Gao Gong LED Xie Suyun and other outstanding speeches. Chen Huafen, director of the Economic Development Bureau of Wuhan East Lake Development Zone, delivered a speech on behalf of the government.

Li Rui, Manager Assistant of Ke Rui Huadong District: Analysis of the impact of energy policy on LED industry

Career China's East China Manager Assistant Li Wei pointed out that Cree invested in two production bases in Huizhou, indicating that Cree attaches great importance to the Chinese market. She also briefly introduced the LED products made of CREE chips in the Beijing Olympics, Shanghai World Expo and fast food chain stores.

Li Wei said that energy-saving lamps contain harmful substances such as mercury, which cause great pollution to the environment. According to China's annual energy saving lamp of one billion, it will pollute 574 billion tons of water. However, LED lighting is absolutely environmentally friendly. CREE has been committed to promoting the field of LED lighting. The price of LED lamps will be lower and lower. It will be a trend to buy an LED bulb for RMB 50.

Finally, she summarized the impact of the energy project on the LED business. She believes that the US government and non-government energy projects have a very positive impact on the solid-state lighting market. Rather, these projects have led to the development of performance and cost, the quality awareness and necessity of SSL, the establishment and implementation of standards, breakthroughs in product development, and the education and shaping of buying behavior.

Ke Rui, East China Assistant Manager Li Wei

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