Chaos in the LED industry

Chaos in the LED industry

More and more LED suppliers are pouring into this industry. No matter the size of the company, can't it really have manufacturing capacity? All want to get a piece of the pie.

Many people think that LED displays are a highly profitable industry, but they are not. Large companies completely overwhelm other small companies through capital, contacts and various channels, thereby achieving market share.

In order to survive, small companies have to reduce costs and trade orders at low prices. Inevitably, the raw materials used are also cheap and of unreliable quality. Although they can make profits, they cannot guarantee quality. It has been criticized by many customers.

Although everyone knows this truth, in the face of interests, they have to do so. Repeatedly, it became a vicious circle.

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