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New Solutions for Weak performance in LED Lighting Market

The latest statistics suggest that in 2013, although the LED lighting output has grown 86 percent, but domestic demand has grown by only 28%. A large number of products needs to be exported. Overcapacity has become a big problem in LED industry.

Manufacturers are beginning to find new solutions to solve the problem. Big companies with overseas sales capacity sell LED products abroad, which reduces the domestic subdued demand burden. Small companies have to cut down price to sell their LED products in domestic market. Moreover, many companies try to find the new ways on LED lighting technology. A lot of LED makers cooperate with LED technology firms to improve their products’quality, such as the LED light design, project management, and post-operation maintenance, which gives new solutions on the weak performance in LED lighting market.

With the effort, LED lighting market is waiting for development within the next years.

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