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The optoelectronics industry is recognized as one of the strategic industries. However, in recent years, LED overcapacity and the export of photovoltaic products have been blocked, and the entire optoelectronic industry has been challenged as never before. However, from the semi-annual reports of listed companies released recently, the performance of listed companies in the optoelectronics industry is not ugly. The performance of some companies like LED and optical communication has shown a sharp increase, so whether the optoelectronic industry has bottomed out. Is the performance in the market now rising? Let’s take a look at the reports that our reporters sent back from the China Light Expo:
The reporter learned from the 15th China International Optoelectronic Expo that the optoelectronic industry covers optical communication, precision optics, optoelectronic display, LED lighting, laser infrared, photovoltaic and other fields. Photoelectric technology and products have been distributed throughout modern production and life. In the field, the industry as a whole maintains a relatively fast development speed, but in recent years, the optoelectronic industry has encountered a development bottleneck.
Wang Yu, dean of the Optoelectronics Research Institute of the Chinese Academy of Sciences, said in an interview that from the development of the optoelectronic industry, everyone is still too quick and quick, including photovoltaics and LEDs. There are still some technical problems in this area. To solve, many of our developments are now solved by a large investment of resources, which is easy to cause low efficiency.
However, from the semi-annual report of the listed company just released, the sales volume of the LED market in the first half of the year has increased significantly year-on-year, and the profitability of the company is good. According to the announcement, Sanan Optoelectronics, Dehao Runda, Guoxing Optoelectronics, Qinshang Optoelectronics and Xuelaite five LED companies realized revenues of 1.674 billion yuan, 1.353 billion yuan, 546 million yuan, 462 million yuan and 192 million yuan respectively in the first half of the year. The year-on-year growth was 22.13, 10.52, 22.93, 26.78, 8.73.
Correspondingly, the output value of the LED industry continued to rise in the first half of the year, up 25 percent year-on-year, higher than the 23-year increase in the whole year. Industry experts said that the photovoltaic industry is expected to bottom out.
In an interview, Mr. Yang Xiancheng, executive vice president and secretary general of China International Optoelectronics Expo, said that in terms of the current trend, the industry may begin to have a gradual recovery at the end of this year, or at the latest until the beginning of next year. 
March 26, 2019