Rare earth price blowout pushes LED industry to accelerate integration
[High-tech LED News] It is reported that the price of rare earth has risen sharply, with the highest increase of 200%. The LED industry, which is regarded as an important raw material and survives, is also affected, forcing the integration of the LED industry to accelerate.
At present, the domestic LED industry chain mainly focuses on the development of LED epitaxial wafers, chips, high-quality phosphors and other packaging materials to form automotive electronics, solar photovoltaic cells and midstream and downstream industries and supporting industries. Utilize the imported automated packaging equipment and technology to develop high-power white LED package projects and medium and high-end LED applications.
The technology of white LED in the new generation of energy-saving light source needs to use rare earth as raw material, and the fluorescent material is needed for lighting materials and luminescent materials, which are widely used in fluorescent lamps, energy-saving lamps and LED device packages.
According to reports, most of the LED industry's top and core technologies are monopolized by US and Japanese companies and Taiwanese companies. European companies have an advantage in LED technology and application markets. Domestic LED technology has a relatively low level, mainly used in low- and medium-end markets, with low profits. It is still to be popularized and tapped in high-end products such as LED backlight applications.
Cost pressures in the LED industry have always existed, and rising prices of rare earths have caused a sharp increase in pressure, forcing companies to find ways to turn around or seek financial support in a variety of ways. Domestic large and small LED companies have targeted the capital market and sought listing financing.
The industry pointed out that the accumulation of capital power can enable enterprises to accelerate their strength upgrade, but it is not the only driving force. The key is that enterprises can enhance their competitiveness through integration and growth.
At present, the domestic LED industry chain mainly focuses on the development of LED epitaxial wafers, chips, high-quality phosphors and other packaging materials to form automotive electronics, solar photovoltaic cells and midstream and downstream industries and supporting industries. Utilize the imported automated packaging equipment and technology to develop high-power white LED package projects and medium and high-end LED applications.
The technology of white LED in the new generation of energy-saving light source needs to use rare earth as raw material, and the fluorescent material is needed for lighting materials and luminescent materials, which are widely used in fluorescent lamps, energy-saving lamps and LED device packages.
According to reports, most of the LED industry's top and core technologies are monopolized by US and Japanese companies and Taiwanese companies. European companies have an advantage in LED technology and application markets. Domestic LED technology has a relatively low level, mainly used in low- and medium-end markets, with low profits. It is still to be popularized and tapped in high-end products such as LED backlight applications.
Cost pressures in the LED industry have always existed, and rising prices of rare earths have caused a sharp increase in pressure, forcing companies to find ways to turn around or seek financial support in a variety of ways. Domestic large and small LED companies have targeted the capital market and sought listing financing.
The industry pointed out that the accumulation of capital power can enable enterprises to accelerate their strength upgrade, but it is not the only driving force. The key is that enterprises can enhance their competitiveness through integration and growth.
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