LED era has come

Wu Changjiang, president of NVC Lighting Holding Co., Ltd., recently attended the CHEMBA China Marketing Master Forum and said, “Because of the maturity of LED technology and the reduction of costs, I believe that the domestic LED era has come and it will usher in the next three years or even five years. Explosive growth period."

At the CHEMBA China Marketing Master Forum jointly organized by China Marketing Innovation Alliance and Zhongshan University CHEMBA project, a group of government societies, entrepreneurs and marketing experts discussed the development prospects of China's energy conservation and environmental protection industry during the new 12th Five-Year Plan period. Zhao Ming, deputy director and secretary-general of the energy conservation service industry committee of the China Energy Conservation Association, believes that in the past 11th five-year period, the country’s administrative and financial means, including price measures, have used the extreme. The current outstanding issue is that the new government is Policy incentives have reservations, so companies must rely more on their internal strength to gain development.

As a long-established entrepreneur, Wu Changjiang pointed out bluntly that the foundation for LED development in the past few years was not solid, and the manufacturing technology of the enterprise itself was not enough to make the products unsettled by the market, mainly based on government investment. If an enterprise wants to continue its development, it must still rely on the market, relying on constant innovation in products, channels, management, and industry. After several years of development, LED technology has basically matured and costs have dropped. Therefore, NVC will increase investment in LED production in the future. Strive to achieve more than 50% of NVC's total sales. Wu Changjiang believes that NVC will invest more than 1 billion in this part of the LED.