Guangzhou Hongli Opto-Electronic Co., Ltd. chairperson Li Guoping, notes that the promotion and adoption of LED lights has so far been the strongest for commercial buildings, malls and business offices. Not surprisingly, this follows a worldwide trend of offices and malls being the first to recognise LEDs for their benefits, despite being more expensive than conventional light sources.
Li adds that building owners in China have begun to realise that the cost of LEDs can easily be regained from the savings gleaned from using LEDs. He points out that if all the lights of a 30-storey building were replaced with LEDs and used for 8 to 10 hours a day, it will only take 15 months to offset the initial cost of installing the LEDs.
China’s government has been enthusiastic in promoting the development of the country’s LED industry, with the goal of raising its sector to a total value of 79.4 billion USD by 2015. As of the moment, it’s looking to provide support to at least 20 local enterprises to turn them into certified leaders in the future.
The report from the China Securities Journal notes that China currently has about 8,000 LED manufacturers, but the problem is that the products these companies offer greatly differ in quality. While one company may offer an LED light valued at $30, another will offer a product at $5.
Quality control is also a problem with China’s products, and a lack of industry standards is predicted to cause problems for its LED ambitions.
Still, with LEDs advancing at an incredible rate, it’s a good guess that China’s LED industry will eventually shape up.
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