Wu Chunfa stressed that the future decline of LED bulbs will be very fast, and the amount of stimulus will grow rapidly. Ruixuan will have hundreds of thousands of LED bulbs shipped in 2011. LED chips will be provided by Jingdian, and it will also cooperate with Qiqi and Nengqi. In the second half of the year, a number of new products were launched to replace 40-, 60-, 75- and 100-watt bulbs.
Wu Chunfa believes that LED lighting will not exceed the traditional lighting until 2015, mainly because the price of LED bulbs is falling rapidly, and the contribution to Ruixuan's performance is worth looking forward to.
The industry believes that Ruixuan will enter the North American market with its own brand “Vizioâ€, and together with Jingdian and Hongqi, LED bulbs will become the company's third largest source of revenue in addition to LCD TVs and LCD monitors.
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