Outdoor led screen Kiosk as led poster is a very effective, eye-catching medium which can be fabricated as per the requirement of the application. A outdoor led poster or led screen kiosk in a standee with has an in-built player connected to the screens which can be updated from any remote location by using digital signage software. This medium can be used to welcome guests, advertise products as well as disseminate important information relevant to its viewers.
outdoor led screen Kiosk can have multiple led screens connected. The led screen poster can be used for advertisement but also the whether information and other tasks like online surfing, bill payments, shopping, etc for its users.
Outdoor Led Poster,Floor Standing Outdoor Led Poster,Outdoor Mobile Led Poster,Outdoor Led Flag Screen Shenzhen Priva Tech Co., Ltd. , https://www.privaled.com
LED display "not strong first"
Once upon a time, China's low-cost manufacturing sector attracted numerous foreign investors, and the country benefited greatly from its demographic dividend. However, this cost advantage has gradually diminished over the years. According to a 2013 report by the Boston Consulting Group, the average manufacturing cost in the U.S. was only 5% higher than in China. By 2015, production costs in low-cost regions of the U.S. had become comparable to those in China. Even more surprisingly, by 2018, manufacturing in the U.S. was 2-3% cheaper than in China.
It is now clear that domestic manufacturing costs in China have risen significantly over the past few years. While many worry about whether China’s manufacturing can remain strong, the LED display industry offers a compelling counterexample. Despite rising costs, Chinese LED display companies are not only surviving but thriving:
- In 2008, sales were 10 billion yuan; by 2009, they reached 12 billion yuan, and by 2011, they hit 18.5 billion yuan.
- In 2012, total sales soared to 21.9 billion yuan.
- Export volumes of the LED display industry grew steadily from 1.628 billion in 2009 to 3.1 billion in 2013.
- Today, Chinese LED display brands are visible at major global events like Rioyo.
This success is no coincidence—it reflects the resilience and adaptability of Chinese manufacturers.
So where exactly does the cost gap between China and the U.S. lie?
**Land Cost**: China’s land prices are about nine times higher than in the U.S. Additionally, the U.S. offers permanent property rights, while China typically grants 50-year land use rights.
**Logistics Cost**: Domestic logistics costs are twice as high as those in the U.S. This is due to higher fuel prices, tolls, and bridge fees. In the U.S., logistics costs are mainly composed of inventory, transportation, and management expenses. Over the past two decades, the decline in inventory costs has helped reduce overall logistics costs.
**Bank Borrowing Costs**: The cheapest domestic loan rate is 6%, which is 2.4 times higher than the U.S. rate of 2.5%. For example, with a working capital of 7,000 yuan, the annual interest cost in China is 140 yuan (about $22.58), compared to just $9 in the U.S. If funds come from wealth management or private equity, the costs can be even higher.
**Power/Natural Gas Cost**: Energy costs in China are more than double those in the U.S. In Texas, electricity costs are as low as 2 cents per kWh, while in China, it's around 0.76 yuan per kWh. This leads to higher unit production costs for Chinese manufacturers.
**Steam Cost**: Domestic steam costs are 1.1 times higher than in the U.S. Due to less efficient infrastructure, China’s thermal power plants require more energy to produce the same amount of steam.
**Parts Cost**: The cost of parts in China is 3.2 times higher than in the U.S. This is partly due to lower equipment performance and less skilled labor.
**Tax Cost**: Taxes in China are increasing, placing a heavy burden on businesses. In contrast, U.S. states often offer tax incentives to attract investment, such as long-term property tax exemptions.
**Customs Clearance Cost**: In the U.S., there are no import/export customs clearance fees, whereas in China, these costs add up significantly, especially when combined with freight and other administrative charges.
**Labor Cost**: While China still has a labor cost advantage, it is slowly fading as wages rise and automation becomes more common.
Despite these challenges, Chinese manufacturers continue to innovate and compete globally. The LED display industry is a shining example of how China’s manufacturing sector can thrive even in the face of rising costs.