LEDinside: What is Next for Japanese LED Lighting Industry

As the price downtrend persists, LED light bulb market has descended into a cut-throat competition, and the future does not look bright. In order to survive, LED lighting firms have been seeking other markets such as convenient store lighting and office lighting, aiming to increase their products’ added value and increase their market acceptance. “We won Aeon’s bidding process for its first project, acquiring the opportunity to expand the company’s business in Japan. Although we did not win the second project, we will keep looking for other chances,&rdqu...
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