Top Ten in Chinese LED Package Market in 2017

According to the latest report from LEDinside, a division of the market research firm TrendForce, 2018 Chinese LED Chip and Package Industry Market Report, Chinese LED package market scale is USD 10 billion in 2017, representing an increase of 12%

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7 Chinese Companies That Might Be Interested in Bidding for GE Lighting

GE’s general lighting unit and Current, powered by GE are worth around USD 600-800 million, financial institutions estimate. The final price will settle based on the term of GE’s trademark and its market coverage. Currently, there are six GE lighting

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Chinese LED Chip Suppliers to Represent 54% of Global Production Capacity in 2017

During 2017, global LED chip production capacity was on an expension phase, according to LEDinside, a division of TrendForce. According to the report, this surge in capacity for LED chips is due to the rising demand from Chinese LED package

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Samsung Signs MoU with Chinese LED Giant ETi

Chinese LED manufacturer, Elec-Tech International (H.K) Co, Ltd, recently signed a MoU with South Korea’s Samsung Electronics in Shenzhen, China. ETi sells most of its products, including LED panel lights, downlights, and LED tubes, to North America. In addition, it

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Chinese Bidders Walk Away from Osram Takeover

Chinese interest in a takeover of lighting group Osram Licht AG has cooled amid signs of mounting political opposition to Chinese acquisitions in Germany. Sanan Optoelectronics and venture capital firm GSR Go Scale Capital Advisors have stopped pursuing a bid

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Rise in Chinese LED Package Prices Continue

Since May 2016, Chinese players have been surging LED package prices, started with Epistar’s distributor in China, Luxlite, which announced a surge in LED package prices, citing a number of reasons for the price increase. Now, Chinese LED chips makers

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Germany’s Major Labor Union to Prevent Chinese Takeover of Osram

Germany’s biggest labor union IG Metall has announced that it will block every attempt of the Chinese investors to takeover leading lighting player Osram. This indicates the increasing counter-attack against Chinese participation in Germany’s high-tech sector. The union believed that

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Top Chinese LED Chip and Package Manufacturers Raise Prices

Chinese LED manufacturers MLS, Kinglight and other manufacturers all raised their product prices in March 2016. Another wave of price hikes occurred in May, when San’an Opto and Taiwanese LED manufacturer Epistar increased prices. Recent market rumors point towards another

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Osram Sells Lighting Business

In its meeting on Tuesday, July 26, the Supervisory Board of Osram approved the sale of the general lighting lamps business. The buyer of the business now known as Ledvance, is a Chinese consortium consisting of the strategic investor IDG

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Feilo Sylvania Pushes into Smart Lighting

The London-based, Chinese owned luminaire provider steps up smart-lighting-enabled location-based services with sensors from Australian startup Organic Response. By using “heat mapping” technology, the sensors will note occupancy and footfall across rooms and buildings, which will help facility managers analyze

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OPPLE Lighting Ranked No.1 on China’s Top 100 LED Enterprises List 2015

In 2015, OPPLE Lighting became the first Chinese enterprise providing lighting solutions to the high-end hotels in the Middle East. With the increasingly intensive competition in the LED lighting market, China’s lighting manufacturers have to face a transformation of the

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Chinese Investor GO Scale Said to Bid for Philips Lighting

The private equity firm, which previously tried to buy Philips’s Lumileds business, is bidding for the Dutch company’s other lighting division. The unit could fetch about $5.4 billion. The Committee on Foreign Investment in the U.S., the regulator that blocked

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China’s Haier Buys GE’s Appliance Unit For $5.4 Billion

A deal that will greatly expand the Chinese firm’s footprint in the U.S. So far in 2016, Chinese investors have spent $12.3 billion acquiring foreign companies. Haier is best known as a manufacturer of household goods including washing machines, refrigerators

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MLS Aims to Do More than Expand Distribution Channels by Acquiring Osram’s Lighting Business

MLS or also known as Forest Lighting announced its interest in acquiring Osram’s LED lighting business in early November this year. If MLS successfully acquires Osram it will be able to acquire the German company’s distribution channels in North America

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A Look into Major LED Manufacturers Global Strategy

Globalized competition is inevitable in the LED industry with an increasing number of overseas LED companies entering Chinese market and vice versa. Chinese LED companies acquire renowned international manufacturers, fewer companies receive government funding. Acquisition is fairly common in the

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Why are Chinese LED Manufacturers Acquiring Large Int’l Manufacturers Less Profitable Businesses?

Chinese LED enterprises are spending a fortune in acquiring foreign manufacturers in 2015. A couple of examples include Shenzhen Kaifa Technology (Kaifa) recent acquisition of U.S. LED manufacturer Bridgelux, Shanghai Felio Acoustics interest in Osram’s distribution channels, and Go Scale

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Samsung and Luming Technology Sign Strategic LED Partnership Agreement

Samsung Electric senior executives of its LED business arm and Chinese lighting manufacturer Luming Technology have signed a LED strategic framework partnership agreement. Under the agreement, the two companies will be collaborating on the LED products and technology related to

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News Updates for the Week of October 22

1.      New Ballast Energy Standards to Take Effect November 2014 – In November 2011, the Department of Energy (DOE) issued new rules regulating the efficiency of fluorescent lamp ballasts, which take effect November 14, 2014. The rulemaking creates a new

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