Panasonic LED lighting business planning

It’s reported that Panasonic Electric Works Co Ltd will launch about 300 kinds of new LED lighting products in spring 2009 to strengthen its LED lighting business.

With the release of the new products, the company will expand its lineup of LED lighting devices to about 700 items in fiscal 2009. It’s disclosed that the new LED lighting products are intended for a wide range of applications such as for homes, stores, public facilities, outdoors and disaster prevention. The lineup will be extensive enough to cover all forms of lighting devices including all found in a house.

The company is planning to boost sales in its LED lighting business to about ¥15 billion, which is double the current level, in fiscal 2010. Of the ¥15 billion, domestic sales account for about ¥10 billion and overseas sales constitute the remaining ¥5 billion.

Moreover, Panasonic Electric Works is aiming at ¥30 billion sales from the entire LED lighting business in fiscal 2012. Meanwhile, it intends to increase the ratio of its LED business to 10% of its overall sales, about five times the current ratio, in fiscal 2012. To meet this goal, the company will strengthen its cost competitiveness by, for example, cutting costs of LED chip procurement.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

- LED technology makes extremely space-saving disinfection applications possible - UV-C light can eliminate up to 99.9 percent of viruses and bacteria - Osram Opto Semiconductors is driving industrialization of UV-C LEDs Installed in space-sav... READ MORE

New LUXEON LED® with BIOS SkyBlue® Circadian technology eliminates barriers to better Human Centric Lighting Today, Human Centric Lighting (HCL) innovator BIOS, and global lighting solutions provider Lumileds®, have joined forces t... READ MORE