"G20-LED Summit ・Guangzhou Gazette"
2012.08.16
LED industry opportunities in a global perspective
1. The leaders of the 2nd G-20 LED Summit held the first meeting of the 2nd G-20 LED Summit at the Westin Guangzhou Canton Fair on August 16, 2012.
2. The G-20 LED Summit was officially established on August 29, 2011. Since its first meeting, it has received the attention and strong support of relevant government departments, LED industry, investment industry, and securities market.
With the joint efforts of the first member companies, the G-20 LED Summit passed a formal theme meeting to discuss the actual development of the industry and enterprises. We issued a positive appeal to the government and the industry for the development of the industry, thus guiding the industry to a certain extent. And the benign development of the enterprise. At the same time, the organizing committee visited the member companies to understand the real needs and promoted effective exchanges and cooperation among some member companies.
The first "G-20 LED Summit" held three CEO summits and one CTO meeting. It voted through a series of internal member company cooperation proposals and formed a series of action initiatives. The "Gazette" reached at the three summits, through a series of specific initiatives initiated by the members of the summit, is an unprecedented spontaneous and unified action in the industry, with the aim of promoting the standardized and orderly competition of the LED industry and continuing healthy development.
3. After years of rapid growth and gradual participation in global competition, LED companies in China need to re-examine the direction of industrial development from a global perspective.
Now, whether it is a large state-owned enterprise or a private enterprise with strong market competitiveness, it faces enormous challenges of increasing productivity. Before they truly participate in global competition and become a world-class LED lighting company, there is still a long way to go without exception.
Therefore, LED companies need to consider the positioning, opportunities, challenges and breakthroughs of the company in a global perspective.
G20–LED Summit members agreed that the future development of the LED industry will mainly focus on innovative product processes and design, as well as upstream and downstream supply chain value systems, rather than capacity. There are many innovative companies in China, and as a member of the G-20 LED Summit, it will be the most innovative enterprise in the LED industry in China and the world. At the same time, more innovations will accelerate the development of the LED industry.
4. Today, members of the G-20 LED Summit discussed the creation of an LED industry chain procurement trading platform and agreed on the necessity and importance of platform establishment.
In the future, through centralized procurement transactions, the upstream procurement costs of suppliers can be reduced, helping suppliers to stabilize production, reduce production costs, and improve product quality. At the same time, by focusing on demand feedback, it can also help suppliers to quickly develop new products. Overall, the stability of the supply chain will be strengthened and the overall procurement cost will be effectively reduced.
At the same time, through centralized procurement, both the procurement cost and the product price will be reduced, and the purchasing power of the purchaser will also be improved. Especially in the case of overcapacity, it is extremely beneficial to both the supply and demand sides.
In addition, centralized procurement will be more conducive to the realization of a win-win relationship between supply and demand. At the same time, suppliers will play a very important role in the future. It will be the manufacturing center, quality assurance and cost control center of the supply chain.
5. As the competition in the LED lighting market has begun to become increasingly fierce, the rate of decline in product prices has accelerated, and at the same time, some LED lighting companies have begun to try their own distribution channels. However, on the one hand, a single enterprise has relatively lack of resources in terms of capital, management, experience, talents, promotion, etc. On the other hand, individual enterprises are incomplete in lighting fixtures, and single-brand products have no reference to comparability, and it is difficult to obtain customers. Trust, distribution channels have not been very successful.
Today, the 1st meeting of the 2nd G-20 LED Summit discussed the creation of a new LED lighting channel model, and the participating member companies reached an agreement on the necessity and urgency of the joint construction channel.
6. Today, the 1st meeting of the 2nd G-20 LED Summit unanimously voted to adopt the first edition of the G-20 LED lighting product specification document drafted by the CTO meeting. At the same time, member companies reached an agreement on the subsequent promotion of G-20 LED lighting product specifications.
7. We agree to actively implement the intention of the cooperation plan determined by this meeting before the next G-20 LED Summit, and continue to take active measures to further strengthen the cooperation between the middle and lower reaches of the industry chain.
G20-LED Summit member companies: (The following rankings are in no particular order)
Philips Lumileds
Shandong Inspur Huaguang Optoelectronics Co., Ltd. Yaweilang Optoelectronics (China) Co., Ltd. Guangzhou Hongli Optoelectronics Co., Ltd. Shenzhen Wanrun Technology Co., Ltd. Hangzhou Zhongwei Photoelectric Technology Co., Ltd. Zhejiang Sunlight Lighting Group Co., Ltd. Shenzhen City Lighting Co., Ltd. Shanxi Guangyu Semiconductor Lighting Co., Ltd. Jiangxi Lianchuang Optoelectronics Technology Co., Ltd. Tongfang Co., Ltd. Wuhan Huacan Optoelectronics Co., Ltd. North Microelectronics Shenzhen Ruifeng Optoelectronics Co., Ltd. Intemei Optoelectronics (Shenzhen) Co., Ltd. Feite Electronics (Hangzhou) Co., Ltd. Sichuan Xinli Light Source Co., Ltd. Dongguan Qinshang Optoelectronics Co., Ltd. Tiantong High-tech Group Co., Ltd. Hengdian Group Debang Lighting Co., Ltd.
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