This rampant global financial crisis strikes a heavy blow at China¡¯s LED industry. Solar energy LED lighting and decorative lighting areas takes much heavier hit. Production activity plummeted at the end of 2008 and it seems cold winter has fallen upon all the industry.

 

However, right after the Chinese Spring Festival in Feb 2009, China¡¯s LED industry takes a quick turn upward. In Guangdong province where much percentage of China¡¯s LED businesses are located, production activity resumes to the level at the beginning of 2008 with purchasing orders coming in one after anther. Manufacturers are seen to recruit new workers. A pick-up trend is taking form in the industry.