2016-03-25
Forest Lighting (formerly branded as MLS) announced recently it had acquired 80% shares from Hong Kong lighting vendor Super Trend Lighting Chairman Jiangguo Yen (嚴建國), which is expected to bolster the Chinese player’s LED filament bulb market share.
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2015-11-20
Authorities in Anhui, China reported seizing counterfeited Philips LED pendant lights from the local architectural material market. The luminaires labelled with Philips’s trademark were confirmed to be fake by officials of Royal Philips. Authorities found 236 counterfeited luminaires, worth RMB 20,000 (US $3,134).
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2014-09-03
Bitter conflicts between NVC Lighting former CEO Wu Changjiang and current CEO Wang Donglei might have come to an end, but another battle front has begun in the Chinese LED industry, according to a report from Chinese-language Yangcheng Evening News Digital Media.
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2013-07-08
According to "LED lighting Power Device Market Opportunity Report" IM Research recently released shows that the global LED lighting power market is expected to reach $ 10 billion by 2016, only the demand for power devices will reach ten billion U.S. dollars, the future development of the LED lighting market is optimistic.
As the LED market is picking up, competition in the LED industry also becomes more intense. As "another local market", the Chinese market occupies increasing important position in the global strategy of Philips. It is re...
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