Recently, China LED Optoelectronics 1 billion yuan industrial fund jointly sponsored by World Bank Fund, Caihe International Group and Epson Low Carbon Technology (Beijing) Co., Ltd. was established in Beijing.
Ouyang Yinshan, chief operating officer of Epson Low Carbon Technology (Beijing) Co., Ltd. said: At present, more than half of the global technology patents in the LED field are occupied by a few large companies in developed countries in Europe and America. It is difficult for Chinese companies to find breakthroughs. In order to achieve long-term development, the industry must break through the layers of patents and continuously improve core technologies.
According to the analysis of relevant experts, the establishment of the fund will play an important role in promoting the sound development of China's LED low-carbon environmental protection and other energy-saving industries.
Since 2012, the global market has gradually banned incandescent lamps, which has created a huge market space for energy-saving lamps and LED lamps. Since LED has been used as a sample of national energy conservation and environmental protection industries in the past few years, it has attracted a lot of capital intervention. The main sources are: traditional lighting companies, electronics industry, social capital. However, the domestic LED market is still very immature compared with foreign markets, resulting in rapid growth of the industry, but the growth of the market has not kept up with investment growth, so it has to fight the price war, the competitiveness of products has to rely on low prices.
Epson Low Carbon Technology (Beijing) Co., Ltd. is a wholly-owned subsidiary of Caihe International Group. In response to the current market environment of the LED industry, Epson Low Carbon Technology (Beijing) Co., Ltd. made an important strategic deployment after in-depth investigation and analysis.
Ouyang Yinshan, chief operating officer of Epson Low Carbon Technology (Beijing) Co., Ltd. said: At present, more than half of the global technology patents in the LED field are occupied by a few large companies in developed countries in Europe and America. It is difficult for Chinese companies to find breakthroughs. In order to achieve long-term development, the industry must break through the layers of patents and continuously improve core technologies.
According to the analysis of relevant experts, the establishment of the fund will play an important role in promoting the sound development of China's LED low-carbon environmental protection and other energy-saving industries.
Since 2012, the global market has gradually banned incandescent lamps, which has created a huge market space for energy-saving lamps and LED lamps. Since LED has been used as a sample of national energy conservation and environmental protection industries in the past few years, it has attracted a lot of capital intervention. The main sources are: traditional lighting companies, electronics industry, social capital. However, the domestic LED market is still very immature compared with foreign markets, resulting in rapid growth of the industry, but the growth of the market has not kept up with investment growth, so it has to fight the price war, the competitiveness of products has to rely on low prices.
Epson Low Carbon Technology (Beijing) Co., Ltd. is a wholly-owned subsidiary of Caihe International Group. In response to the current market environment of the LED industry, Epson Low Carbon Technology (Beijing) Co., Ltd. made an important strategic deployment after in-depth investigation and analysis.
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