LED (light-emitting diode) lighting experienced 5,6 months after the off-season is not weak, August and September will usher in the peak season until the end of the year, coupled with the low base last year, starting from the third quarter, we expect LED companies to increase year-on-year growth rate, Conducive to enhance the market's confidence in the LED sector.
From the perspective of the life cycle of consumer electronics, the penetration rate of new products has increased the fastest from 10 to 60. At present, the penetration rate of LED lighting is around 10, which is about to enter the stage of rapid improvement.
In the past two weeks, the LED sector has fluctuated greatly. The LED panel quickly rebounded from the bottom. From the fundamental point of view, LED lighting penetration has entered a period of rapid improvement, while the LED backlight market penetration rate has approached 80. LED lighting has been officially replaced. LED backlights have become the main driving force of the LED industry, and have been verified by the domestic LED companies in June and July. Compared with the LED backlight source market, the LED lighting market has reached a trillion level. We believe that in the era of LED lighting, domestic quality companies have more opportunities for growth. In addition, the US market's most bullish stock RVLT is LED stocks. The stock has risen 515 this year, reflecting the optimism of the US market for the LED lighting industry, which will further strengthen market confidence.
We believe that in the future, mainland LED companies and US LED companies will be more representative of the global LED industry development trend. In terms of specific companies, we believe that Sanan Optoelectronics is rapidly entering the world in the field of LED chips. The subsequent further deployment of downstream applications is also the trend of the times. In the trillion LED lighting market, Sanan Optoelectronics still has huge growth space, and the company is only a record high. One step away, it is worth continuing to look good.
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