22 Dec '15, 9am

China LED lighting production in 2015 valued at CNY210.5 billion

China LED lighting production in 2015 valued at CNY210.5 billion Siu Han, Taipei; Adam Hwang, DIGITIMES [Tuesday 22 December 2015] China-based LED lighting makers will generate a total production value of CNY210.5 billion (US$33.1 billion) in 2015, growing 18.5% on year, according to industry sources in China. Many China-based lighting vendors have been shifting from conventional lighting products to LED lighting ones. For example, Yankon Lighting, NVC Lighting Technology and Foshan Lighting have about 50% of sales revenues coming from LED lighting, the sources said. First-tier China-based lighting vendors, such as PAK and Opple Lighting, have raised funds from stock markets to enhance own-brand marketing of LED lighting, rendering small vendors increasingly less competitive, the sources indicated. According to China-based research organization GGII, about 5,000 relatively...

Full article: http://www.digitimes.com/news/a20151130PD208.html

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