On August 24, Chinese government has announced the recipients for financial subsidies in 2012 ~ 2013 annual semiconductor lighting products promotion project from 113 competitors through open-bid competition. Five China-based companies including Kingsun, Lampearl Photoelectric, Yankon Lighting, Elec-Tech International and Shanghai Yaming Lighting won subsidization for both indoor LED lighting (downlights and PAR lamps) and outdoor LED lighting (street lamps and tunnel lamps). Among few winning international vendors, Philips landed subsidies for PAR lamps a...