Changes in LED sector never stop for this year, merger and acquisition has become a major pattern, and in this case, how can small and medium-sized LED enterprises seek out coping strategies in such situation and thus succeed in market competition? Joint operation might be a good choice.  
 
Merger and acquisition could largely highlight products superiorities while joint operation makes service organs entitlement a possibility, for both patterns mentioned above, the essence of which is more likely performed in “vertical expansion” and “horizontal cross-industry”, However, small and medium-sized enterprise would prefer strategy “horizontal cross-industry”.
 “Out of sync” would be the biggest difficulty after the act of acquisition, no wonder that shareholders’ fortune maximization is the primitive motivation. To achieve this goal, the enterprises must keep operation, management etc work synchronously. Unfortunately, everything does not always go as expected, alongside the acquisition stands tremendous risks.
 
According to industry practitioners, both acquiring firms and target firms need to keep a peaceful mind, as long as it’s beneficial for development and optimization for resource allocation, the integration should be considered as helpful.