2019-03-25

More Big Names Say Goodbye to LED Lighting to Focus on Higher Margin Business

Before the end of 1Q19, we learned that two more LED lighting operators are cutting off their LED lighting business. The US LED giant Cree announced the selling of its lighting business to Ideal Industries on March 15 and power company Eaton posted its plan to spin off the lighting business. Restructuring business focus to concentrate on higher margin operation has been a trend the LED industry. LEDinside pointed out that the price and profit of LED lighting products have dropped in the past years with increasing competitors joining the industry to share the...
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