LEDinside recently had a chance to interview one of the top Russian electronic component distributor, Platan. Their spokesperson gave a very comprehensive overview of LED chip developments in Russia, and the LED market outlook in the aftermath of economic sanctions imposed on the country by Europe and U.S. during the Ukrainian Crisis last year.

Russia hopes to further raise China-Russia LED trade volume, and attract top Chinese LED manufacturers to invest in the country, said Alexey Gruzdev, the Russian trade representative to China during a Russia’s lighting market analysis and strategy forum in Shenzhen, China.