In 2012, for China's LED lighting industry, it is destined to be a crisis year. Due to the regulation of macroeconomic and real estate policies, the investment in the entire real estate market has slowed down. As the downstream LED lighting industry, the LED lighting industry has also experienced an unprecedented “chillâ€. The decrease in the main business volume of most LED lighting companies, coupled with the rising cost of operating costs such as raw materials, costs and logistics, further exacerbated the dilemma of the LED market.
According to the survey, most LED lighting companies have basically closed down because of the real estate control policies, and the enterprises that have closed down are not only well-known companies around them, such as Daeye Optoelectronics, Haobo Optoelectronics, Vision Optoelectronics, Dongguan Huachen Optoelectronics, etc. At present, the domestic LED lighting market is declining and the competition is fierce. Some experts said that the LED lighting industry will usher in a bigger reshuffle next year, and the development of the industry is still not optimistic. The specific performance is that the homogenization of LED products is serious, the standards are lacking, and the competition in the industry is fierce. The price war is constantly on the stage, the industry pattern will face adjustment, and the reshuffle will intensify.
According to statistics, in 2012, LED maintained a growth rate of around 20%, and the industrial scale was about RMB 190 billion. Affected by the economy, LED growth rate has slowed down, but the average LED profit level is still higher than the traditional industry. At the recent forum on building public space LED lighting, Yang Lanfang, deputy secretary-general of China Semiconductor Lighting Engineering R&D and Industry Alliance, said that 2012 is a year of adjustment and transformation of the LED industry. The industrial competition pattern and the driving force of industrial development all reflect the adjustment trend. . It is expected that in 2013, with the launch of new products, the domestic market segment will open up, and the shape of the domestic market will change greatly. The situation that LED applications have relied heavily on the international market will be eased. The product price is lower and the performance is improved. The LED industry will usher in faster development.
According to media reports, the National Development and Reform Commission, led by the Ministry of Land and Resources, the Ministry of Housing and Construction, the Ministry of Finance and other ministries and commissions to participate in the preparation of the "National Promotion of Urbanization Healthy Development Plan (2011-2020)" will be released before and after the National Conference this year. The plan involves the construction of more than 20 urban agglomerations across the country, more than 180 prefecture-level cities and more than 10,000 towns, providing a development idea for new urbanization.
According to an article by the president of the Hainan Institute of Reform and Development, Chi Fulin, entitled "The Dividend of the Release of Reforms", the number of new urban population will reach 400 million in the next 10 years, even if it is expected by lower standards, migrant workers The calculation of fixed assets investment of 100,000 yuan per capita can also increase the investment demand of 40 trillion yuan.
The LED industry, which continues to be sluggish, is expected to usher in a new dawn. The launch of new urbanization will also become a “life-saving straw†for many industries. Among them, the LED industry will significantly benefit from the advancement of new urbanization.
The trend of urbanization and low-carbon energy conservation is an important growth point for the LED industry in the future. The development of urbanization will bring vitality to LED enterprises. Experts believe that the speed of urbanization will drive the development of infrastructure in urban and rural areas, stimulate investment and stimulate consumption. As a part of the industrial chain of construction and automotive industries, the LED industry will have more market demand as other industries develop, which will stimulate the development of the LED industry and inject a fresh vitality into the long-term depressed LED industry. However, whether the LED industry can benefit from the medium and long-term needs to be tested by the market, and enterprises need to continuously improve the system of technology and services.
The development of urbanization, can become the trump card of the "resurrection" of the LED industry? It is still waiting for further research.
A new rule from the Drug Enforcement Administration (DEA) threatens to upend the American hemp industry, and could even result in criminal prosecutions for manufacturers of CBD and delta-8 THC products.
The DEA says the [interim final rule," issued Aug. 20, is simply a matter of adjusting its own regulations to account for changes to the Controlled Substances Act that were mandated by the 2018 Farm Bill (or Agricultural Improvement Act) that legalized hemp and CBD production. The new rule [merely conforms DEA`s regulations to the statutory amendments to the CSA that have already taken effect," says the agency. The new rule doesn`t break any ground, according to the DEA.
But many experts on cannabis and hemp law say the DEA rule creates a potential pathway the law enforcement agency could use to prosecute hemp processors and producers of CBD (cannabidiol) and delta-8 THC (or Δ8THC) products. There are two issues: partially processed CBD, and [synthetically derived" delta-8 THC.
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