Policy subsidies have promoted the development of the LED industry for many years. What should I do without subsidies? This is a big problem for the current LED industry. The government's high subsidies have already caused dependence on the company, and what happens if it is suddenly removed. With the support of policy subsidies for many years, LED lights have quickly replaced traditional light source incandescent lamps with energy-saving and environmental protection advantages and the price of the people, lighting up thousands of households. The “13th Five-Year Plan†of the industry has also given high expectations to the products of this country and the people, and it will reach a trillion yuan output value by 2020. Subsidies have promoted the rapid development of the industry and have become one of the pain points for sustained and healthy development. If the policy “falls backâ€, how will the industry develop? Is the price still close to the people? At present, this has become the sword of Damocles hanging over the top of the industry. According to Xu Qiang, director of the National Energy Conservation Center, China has basically eliminated more than 60 watts of incandescent lamps for general lighting, and the remaining market share is less than 5%. Through the implementation of the "Energy-Saving Products for the Benefits of the People" project, 780 million LED high-efficiency lighting products have been promoted throughout the country in recent years. The people have not only enjoyed the real benefits, but also made great contributions to energy conservation and environmental protection. However, it is unavoidable that the rapidly developing semiconductor lighting industry has gradually revealed a “bottleneckâ€, and high subsidies have caused enterprises to suffer from “dependencyâ€. Some enterprises have blindly expanded their production capacity after subsidies. The result is overcapacity, price wars, and unintentional research and development. In 2015, the LED industry ushered in “cold winter†and nearly 4,000 SMEs closed down. Since last year, some places have shown signs of “regression†for subsidies in the LED industry. If the company is to fill the "deficit", thereby increasing the price of LED lights, will the market buy it? Therefore, the industry has to make plans early. Experts have called for China's semiconductor lighting to accelerate the cultivation of industrial innovation and competitiveness. Only in this way can we grasp the market's right to speak. The future of the semiconductor lighting industry is still bright. Ningbo Autrends International Trade Co.,Ltd. , https://www.supervapebar.com