Two advantages of LED display
1.National industrial policy support
A number of industrial policies proposed by the State Council, the Ministry of Science and Technology, the National Development and Reform Commission and local governments play an important role in promoting the development of the LED industry and the optimization and upgrading of the industrial structure. With the support of industrial policy, the scale of the industry is expanding day by day and the industry chain is getting more and more complete. This has created favorable conditions for the enterprises in the industry to enhance their competitive strength and participate in international competition. A number of domestic enterprises with intellectual property rights and core competencies are expected to emerge Backbone business.
2.Continuous improvement of industry technology, cost reduction will boost the industry demand
Currently, subject to the cost of middle and upper reaches of LED core devices and other high-end LED display products at higher prices on the display of large-scale application of products to promote certain obstacles, but as the industry advances in technology and costs, the breadth of market demand and Depth will be further expanded, while the market substitution effect will be released to a greater extent. The upstream and downstream of the LED industry chain will realize benign interaction, and the rapid promotion and application of new products and new technologies will show that the market of application industry will be further subdivided and the market capacity of the whole industry will be further enhanced.
