9.20 Morning News | GE Lighting's exit from the Chinese market is a foregone conclusion for three consecutive quarters of revenue decline

Yesterday, a general notice sent by the General Electric Enterprise Development (Shanghai) Co., Ltd. to the dealer to terminate the agreement, "dropped" a blockbuster in the lighting industry.

Previously, GE Lighting announced that it will terminate all direct commercial activities in Asia and Latin America from November 30 this year. The early termination of the agreement means that GE Lighting is taking the first step to withdraw from the Chinese market and withdraw from China.

According to GE's financial report, since the fourth quarter of 2015, the lighting business revenue has declined for three consecutive quarters.

hot news

1. The new round of LED "industrial heavy town" dispute is being staged

Yiwu is becoming a new LED town, with a total investment of 6 billion yuan. Huacan Optoelectronics LED epitaxial chip project is expected to end at the end of October. Invested 2 billion yuan Ruifeng optoelectronic packaging project, can be put into production at the end of December. The total investment of 5.5 billion yuan Mulinsen LED lighting project is expected to start construction in November.

2. The road of MOCVD: from government subsidies, localization to acquisition

On September 16, a Chinese consortium from Fujian officially announced the acquisition of all Aixtron's American depositary shares in a public offer. The purchase price is 6 euros per share, a 51% premium to the weighted average share price over the past three months. Acceptable offer to buy shares is at least 60%.

3. Have all the lighting categories of LEDs been recalled?

The US Consumer Safety Commission announced a voluntary recall of Chinese-made mosquito lamp LED bulbs. The recalled product is a HAUS ZapBulb 2-in-1 mosquito lamp LED bulb. The reason for the recall is that the base of the lamp may be detached from the connector, posing a risk of electric shock.

4. Professional design + Chineseization = a more competitive future

The Osram subsidiary Roundmans will introduce a 575-lumen all-glass LED luminaire with dimming function to replace the halogen lamp. The professional version will also have better light color performance (90 indicators, 40,000 hours of life). At the same time, 19 different designs of glass filament lamps were also introduced.

5. Regardless of home or urban lighting, Huawei is really here.

Recently, China Micro-Optical Electronics announced that it will cooperate with Huawei to jointly implement smart lighting projects, relying on NB-IoT (providing a reliable and secure basic network to provide an Internet of Things network for the entire network).


CCD Barcode Scanner

Ccd Barcode Scanner,Manhattan Barcode Scanner,Ccd Barcode Reader,Handheld Ccd Scanner

Guangzhou Winson Information Technology Co., Ltd. , https://www.barcodescanner-2d.com

Posted on