Xiamen LED business orders contrarian growth traditional foreign trade companies need to be transformed

In sharp contrast with the current crisis in Xiamen's foreign trade export orders, LED companies in Xiamen have risen in contrarian conditions. Xiamen Puwei Optoelectronics believes that the general environment is sluggish and may be an opportunity for the LED industry. The industry believes that this is not only an opportunity for the LED industry, but also an opportunity for the transformation of many traditional foreign trade enterprises.

Puwei Optoelectronics stated that since this time, the volume of orders has increased every month. Most of the orders are from Japan and Europe, and many orders from South Korea and Taiwan have been transferred to mainland China. Because LED lamps can save energy by 50%, and domestic LED lamp production costs are lower, and Xiamen is a LED concentrated area, the technology level is relatively high, so more orders from abroad tend to be inland, especially in Xiamen. With the economic downturn, the demand for environmental protection and energy conservation is even more prosperous. This is also the guidance of many foreign governments.

The crisis of foreign trade orders is ubiquitous. In addition to domestic sales, the traditional foreign trade itself needs more changes. The industry believes that under the consideration of reducing risks, traditional foreign trade should be transformed into an agency system to guarantee certain orders and seek survival first. At the same time, instead of simply doing some aspect of foreign trade, we should consider the supply chain and the integration of all aspects of the upstream and downstream, in order to improve efficiency, can also be integrated into e-commerce and other diverse platforms.