2015-07-29

Emerging Markets Become China’s Lighting Products New Export Destinations

Moderate economic growth in 2015 has become the “new norm” for the stabilizing Chinese economy. With the Chinese government introducing industry restructures, explosive economic growth has become history. Gone are the good days for businesses, lighting manufacturers orders have plummeted, but costs are rising. The impact from e-commerce has misled some manufacturers, and the market has briefly become a “besieged fortress.” Some manufacturers are hanging on, while others are seeking alternative options to leave the industry, or quietly withdraw from the market, according to Guzhen Lighting Weekly.
Continue reading

Michael Kruppa, Head of Front Lighting Development, has been responsible for various areas of development at Audi for more than ten years. Together with his development team, he plays a key role in ensuring that an Audi provides the best possi... READ MORE

Signify, the world leader in lighting, has been awarded the Platinum sustainability rating from EcoVadis, underscoring its consistent leadership in sustainability. The ranking places Signify among the top 1% of companies evaluated worldwide. W... READ MORE