Taiwan's LED industry wants to reverse the downturn with the Olympics

From the beginning of May, the downturn in Taiwan's LED industry has been flooded with various media reports. The lack of funds, the lack of technology, the saturation of the local market, etc., all seriously affect the sound development of LED companies. With the approach of the London Olympics, it may be a good opportunity to reverse the previous decadence and inject new momentum into the industry.

It is reported that this Olympic Games will be the first to launch mobile online live events, and will use a large number of LED and solar lighting, related groups including digital TV, Netcom, set-top box, mobile devices, LED and solar energy, etc., are expected to benefit from this wave. With the surge of Olympic purchase opportunities and replacements, Taiwanese OEMs and component manufacturers will increase their shipments in the coming year.

At the same time, the 2012 London Olympics will also bring the demand for LCD TV replacement. In addition, the increase in demand for alternative energy in the Mainland's 12th Five-Year Plan will help Taiwan’s relevant ethnic groups to gain profit. This year, it has suffered overcapacity and end High levels of stocks and LED populations that are causing rapid industrial margins are expected to show signs of rejuvenation.