The confusion of the development of the LED industry is only a microcosm of the development of China's emerging industries. In 2001, China's solar photovoltaic cell production was only 3 megawatts. Since then, it has developed rapidly, reaching 2,000 megawatts in 2008, ranking first in the world. However, as in the LED industry, the core technology of photovoltaic cells (polysilicon purification technology) is almost monopolized by several foreign companies.
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LED we still have a chance
If this situation is allowed to continue, China's emerging industries are likely to follow the footsteps of traditional industries - ultimately, core technologies cannot be mastered in many fields, and they are constrained by foreign companies and lack competitiveness in the international market. In the face of the international situation, China still has opportunities. At present, LED technology (including the core technology of foreign companies) is still immature, as long as domestic companies are working hard to develop, it is possible to master the mature core technology of this industry. At the end of last year, Shenzhen City tested a number of urban LED lights. As a result, most products have a light decay of more than 10%, and it is obviously impossible to meet the goal of 50,000 hours of light decay below 30%. The immature LED technology is exposed.
Feng Fei, director of the Industrial Economics Research Department of the Development Research Center of the State Council, believes that emerging industries are different from traditional industries. The biggest feature is the uncertainty of technology. One technology may soon be replaced by another. "The key question is whether the government can realize the importance of mastering core technologies for the development of emerging industries, and whether companies have the ability to engage in technology research and development." Feng Fei said.
Nowadays, in the developed countries of the West, both the government and enterprises, the R&D investment in emerging industries is very large, and some companies have to spend hundreds of millions of dollars or even billions of dollars. "In our country, no company has such a large strength, and the government's financial resources are also very limited." Well-known economist and vice president of Peking University, Hai Wen said, but in this emerging industry with developed countries In the core technology R&D competition, if we want to not lose, we must break the bottleneck of the company's capital--because the SMEs that are facing financing problems are the mainstay of technological innovation!