Today, China's LED display products have been widely recognized by international customers, whether it is high-end market, or in the low-end market, as long as there is a demand for LED display, you can see the Chinese LED display figure. With more and more LED display business to go out, China's LED display business has entered a new stage of global market competition. While the domestic LED display business so much like to flock overseas, is bound to China's LED industry have a significant impact on the development.
As mentioned earlier, the price war has spread to overseas, and there is a tendency to expand in the high-end market. Well-known economist Manki in the "Principles of Economics" book from the perspective of economics scientifically proved that the price war is the inevitable choice of consumers. The price war itself is a kind of market competition means, is a kind of business strategy, itself is a very common thing, but long-term wide range of price war may damage the interests of the industry as a whole. In the process of low-cost competition, the profitability of enterprises to reduce the number of enterprises in order to profit, at the expense of quality. This is not only unfavorable to the development of enterprises, but also damage the reputation of our entire display industry. In some ways, the price war is one of the reasons why the current export of overseas display is mixed.
On the other hand, thanks to the growth of small pitch, LED display began to enter the market, began to erode LCD, DLP market share. In the face of such a huge business opportunities, the major domestic display shop on the small pitch investment continues to increase, continue to break through the limits of the distance, which the overall level of the screen industry to play a positive role in upgrading.