LED China is the most prestigious show in China LED display industry. Since 2005, 12 years’ development makes it an exhibition that gathering 625 industry enterprises from 154 countries and regions. Over 82,523 people attended LED China 2015. It has witnessed the rapid rise of China’s LED display industry.
As the beginning of China’s full-color LED display, QSTECH developed the first full color LED display in 1996. From that moment, with strong manufacturing and supply chain as the basis, and under the national policy & capital support and huge market driven, China ushered in its 20-years golden age of LED display industry. At present, the mainland China is the world’s leading exporter of LED displays. In the world’s major LED display market such as the United States, Germany, Russia, which accounted for 39.4%, 36.2% and 46.7% respectively the LED displays were imported from China. From the proportion of Chinese LED displays we could see it has a certain share, but from the brand point of view, the top ten brands in those countries are not originally from China. Obviously the LED display export is mainly the OEM, our brands still cannot reach the international first class brands such as the Daktronics. This is one of the main problem that the current Chinese LED display industry is facing. In addition, the price competition, homogenization and other common problems of the China’s entire manufacturing industry has not ben spared.
In the year of 2020, the global LED display industry will reach to 30 billion, which will mean that the market will usher in blowout eruption. With Samsung and other giants joining in, the market and the capital will also put forward higher requirements to the LED display industry. To all the domestic LED industry practitioners, those requirements will be challenges but also be opportunities. As the development of all high-tech industries, only more focused on the increase in product technology research and development, and accurately grasp the industry trends, to master our own core competitiveness, to get chance to seize a high ground in the price war and homogenization of the red ocean, then the brand building can be more convincing.
Concentration create values. With 24 years, QSTECH grows up with the development of LED display technology. On this road, perhaps we are not the largest snowball, but as a pioneer, from the very beginning, we are more focused than others, and I believe we will be always focus on the LED display development and make it as colorful as our imagination.
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