At present, the LED lighting industry has a compound annual growth rate of 85%, so the performance of Reddike can be expected. In addition, the company's Yangzhou plant is expected to join mass production in the third quarter, and the monthly production capacity will reach 20 million units by the end of the year. The company's mold costs have reached the economic scale, so the cost rate will be reduced in 2012, and the operating expenses will be reduced simultaneously after the revenue grows, which will boost profit growth.
In the global LED secondary optical lens market, in addition to the market share of 35% of Redditch, there are British Carclo, Italy Kathod, Finland Ledil, a total of four manufacturers market share of about 80%. With the new factory in Radek, which joined the mass production in September this year, the company's global market share exceeded 30% in three years.
In order to meet the standards of many LED lighting products on the market, Radek has cooperated with many secondary optical lens molds with different specifications. At present, the total number of open molds has reached more than 1,700 sets, which is the most difficult cross for other optical lens manufacturers. The main threshold for entering the LED illumination lens.
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