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With the awareness of environmental protection and green energy issues, the LED lighting industry is developing rapidly. The 5 giants in Taiwan's LED industry are optimistic about the industry boom next year. Although mainland products still compete at low prices in the international market, Taiwan's LED lighting products still have competitive advantages such as high quality stability, good heat dissipation and strong design. Taiwanese industry officials admit that although Southeast Asia's emerging markets have great potential, mainland products have entered the ASEAN to enjoy tariff concessions, and hope that the government will negotiate more economic agreements in order to allow LEDs to have more room for development.
The rising awareness of environmental protection has made the LED industry develop rapidly recently. However, facing the low-price competition of mainland manufacturers, Taiwan LED exporters need to work harder to open up the international market.
According to industry analysts, Taiwan LED bulbs have gradually developed into medium and high-end products, with high quality stability, good heat dissipation, and emphasis on design, which has become an important key for foreign manufacturers. Zhu Yining, a trader, said that higher-order things, such as wattages, are more than 20 to 30 watts. Because this requires good antipyretic technology, the mainland has not done much better than Taiwan. Taiwan is more advantageous in high-end products. Taiwan itself has higher quality requirements, better quality control and higher stability.
From the current international market, Europe and Japan are still the mainstream of Taiwan's LED export, but it is regarded as an emerging market in Southeast Asia. Because of the tariff preference of ASEAN plus one, Taiwanese manufacturers want to lay down the Southeast Asian market, which is relatively hard.
Zhu Yining said that Southeast Asia pays more attention to cost, is more sensitive to price, and does not have such a requirement in terms of function. In fact, we are struggling to play in the Southeast Asian market, unless certain customers have special requirements for quality, especially the mainland has an ASEAN plus one, so the tariff is very low, about 3-5, or even lower, and some go border trade. For example, Vietnam’s border trade, Taiwan’s entry into the market, is simply a fantasy.
With the green energy environmental protection topic fever, Taiwan's LED industry 5 giants are optimistic about the industry boom next year. However, the industry believes that there must be more preferential tariffs in the target market, and hope that the government can actively join regional economic organizations and negotiate trade agreements. In order to bring more substantial help to exporters.