NEC to Sell Lighting Subsidiary in April 2019 - Energy Watch News


NEC to Sell Lighting Subsidiary in April 2019

NEC announced that it will remove the lighting business from its group and sell its lighting subsidiary, NEC Lighting, to a new company founded by Japan Mirai Capital on April 1st, 2019. According to the announcement of NEC, the intense price competition in the LED lighting market has led to deficit of its lighting business in the recent ten years. Therefore, NEC decided to withdraw the lighting business which the company has been running for more than six decades. https://www.ledinside.com/

Tagged with: , ,
Posted in Industry News

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Featured Product


 

Featured Job

Regional Lighting Sales Manager – Hubbell Lighting

Los Angeles, CA

Featured Job Listing