In 2017, it was a turning point for the domestic LED packaging industry. The LED packaging market is showing a rapid growth trend. Due to the stimulation of the industry situation, domestic LED packaging manufacturers have expanded their production. According to the data of the High-tech Research Institute LED Research Institute (GGII), in 2017, the global LED packaging market has a production value of 149.3 billion yuan. Among them, the output value of LED packaging in mainland China is 87 billion yuan, an increase of nearly 18% year-on-year, and the global proportion is 58.27. %. After a year of intense expansion, Gaogong LED found that the net profit of LED packaging companies in 2017 was basically growing rapidly, and only some companies experienced a decline in performance due to various factors. Shenzhen Smect Semiconductor Co., Ltd. (hereinafter referred to as “Smideâ€) is a well-known LED packaging manufacturer in China. Since its establishment in 2009, Smect has been fully recognized by domestic and foreign customers. After the hard work of last year, Sm's 2017 revenue exceeded 1.5 billion yuan! In the LED packaging industry, the rapid growth of corporate performance is a major expansion. For the expansion of the LED packaging industry, Dr. Zhang Xiaofei, Chairman of Gaogong LED, said, “According to my observation, the packaging strength of the top ten packaging companies is not very strong, and the expansion of the 'sweet head' has not fully reflected. In the past three years, large enterprises still need to expand production. If they do not continue to expand production, the gross profit margin will continue to decline." In addition, with the expansion of the domestic LED packaging manufacturers temporarily come to an end, the growth rate of package output will be slightly slowed down. GGII expects that in the second half of 2018, as the price of LED chips declines and the capacity of LED packaging manufacturers continues to be released, the price of LED packaged devices will drop rapidly. In other words, a price war will break again in the second half of 2018. Zhang Luhua also believes that "the LED packaging market may face fierce competition this year before the reshuffle of the LED packaging industry is over. Various companies will grab the market through price. For packaging manufacturers with large-scale technological advantages, they can also Relying on the advantages of scale technology advantages, enterprises that do not have the technical advantages of scale and do not focus on the segmentation field will certainly face enormous challenges." In this context, Dr. Zhang Xiaofei suggested that LED packaging companies need to break through in the following three ways in 2018: 1. Enhance their R&D capabilities, improve product quality, and actively expand the high-end market; 2. Develop overseas packaging OEMs and overseas lighting companies. The business, digest its own production capacity, avoid fierce domestic market competition; 3, through the acquisition to the downstream lighting direction, find the seaport for its packaging capacity, improve capacity utilization. As one of the most important LED packaging manufacturers in China, Smect has also developed a sufficient response strategy in 2018. "In terms of products, we will do the most appropriate products, give priority to quality, and give back to customers with the highest cost performance. In terms of technology, we accept the most advanced and cutting-edge technology, continuously research and develop innovation, and open up the most competitive market. At the same time, we constantly improve and update old products; in terms of manufacturing, we will pay close attention to details and adhere to the implementation of refined management; in terms of product positioning, we insist on the combination of production and sales, and the combination of production and sales. According to the needs of customers; in terms of international customers, we will continue to strengthen cooperation with international customers." Zhang Luhua said. It is undeniable that, based on a comprehensive strategic layout, Smect has achieved remarkable results in the customer base. It is understood that relatively well-known LED lighting companies at home and abroad have established good relations of cooperation with Smect. “The cooperation with international customers has helped us a lot because they have extremely high requirements for quality. To some extent, they can help us improve our technical capabilities, manufacturing capabilities, corporate competitiveness, etc.†Zhang Luhua told Gao LED. In addition, Smect is always paying attention to the development of segmentation areas, focusing on customer needs and feelings in the segmentation field, to meet the individual needs of customers, especially in filaments, flexible filaments, anti-vulcanization 2835, and outdoor applications. The product's EMC3030, 5050, high luminous efficiency 2835 (238LM/W@60mA@Ra80@4000K) have received good results and user praise. In Zhang Luhua’s view, “Now, the large-volume general-purpose product market is already a red sea, and the competition is fierce. In this field, we will continue to play our scale advantage and continue to grow bigger and stronger; in the segmentation field, we will dig deeper customer needs and find new ones. The 'Curve Overtaking' opportunity." Finally, for 2018, Smax has established a clear direction and goals. On the one hand, we will strengthen the layout on the basis of the original products, and strive to achieve “big and fineâ€, that is, the largest part will be refined and move toward the packaging giant; on the other hand, it will be “small and beautiful†and will be segmented in the market. Beauty, occupying a favorable market position. Rechargeable CBD Vape Kit,CBD Vape Mod, CBD KIT Shenzhen Essenvape Technology Co., Ltd. , https://www.essenvape.com