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.


(Image: pixabay)

NEC began to produce fluorescent light since 1952 and established NEC Lighting in January 2000. The annual revenue of the company in 2017 was JPY 17.2 billion (US$ 151.62 million).

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.

Innovative tunable white, mid-power LED enables luminaire manufacturers to improve colour tuning, shrink optics and fixture profiles, while enabling new design options. Nichia, the leader in and inventor of the high-brightness LED, announces i... READ MORE

Natural colour rendering of Optisolis™ LEDs lets visitors experience artwork as the artist intended without degrading the work. Tokushima, Japan – 23 July 2019: Nichia Corporation, the leader in high brightness LED technologies, an... READ MORE