Lack of LED core technology restricts Chinese LED companies from "going out"

Yuan Youlou, deputy director of the Guangdong Provincial Intellectual Property Office, revealed in Guangzhou on the 25th that as of now, there are more than 70,000 LED international patents in China, including more than 20,000 LED international patents in Guangdong, accounting for about 30% of the national total.

Yuan Youlou disclosed the above information when attending the National “LED Enterprise Intellectual Property Management and Innovation Strategy Summit Forum” held on the 25th.

Guangdong is a major province of China's LED industry. It is also the earliest province in China to list the LED industry as a strategic emerging industry. The output value accounts for about 70% of the country. Data show that as of the end of 2013, the output value of Guangdong LED industry was 280 billion yuan (6.1913, -0.0031, -0.05%), and the province's LED enterprises increased by more than 30% compared with 2012.

Yuan Youlou introduced that up to now, there are about 340,000 intellectual property rights in the global LED field, of which Chinese patent applications account for 1/5, more than 70,000, including more than 20,000 in Guangdong. However, in all patent applications in China, 70% are in the application field and are located downstream of the industrial chain. More than 50% of the core patent technology is occupied by a small number of international companies.

Industry insiders pointed out that in recent years, China's LED companies have expanded in overseas markets with their cost advantages. However, due to the lack of core patents, LED intellectual property issues are becoming a bottleneck restricting Chinese LED companies' “going out”.

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