Nationstar and Baewoon Electronics Form Alliance to Expand LED Bulb Market

Korean manufacturer Baewoon Electronics and Chinese LED manufacturer Foshan Nationstar Optoelectronics (Nationstar) have signed a LED lighting Strategic Partnership Memorandum of Understanding (MOU), according to a recent report by Korean media AJU Business Daily.

Baewoon Electronics representative (left) and Nationstar President Wang Sen (Right). (Photo Courtesy of Baewoon Electronics)

The two companies will jointly expand cooperation in the LED bulb market to secure advantages in competitive pricing. Under the agreement the two companies will also cooperate on advancing LED technology.

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