According to South Korean industry news, Kingsun will hold Korea business launching ceremony on the 18th in Seoul. Kingsun founded in 1994, with China's largest lighting R & D center and production base of 300,000 square meters, mainly produces LED lights, tunnel lights and security lights. Kingsun has more than 800,000 businesses in the global LED lighting field, and recently it accelerated the pace to enter the global market. It is reported that Kingsun has signed a $ 10 million LED lighting installation contract with E-Land Group. In addition, in order...

Senior executives of Philips Lighting Division recently expressed in a new LED lighting conference that Philips will strengthen strategy for Korean LED lighting market. South Korean government held a positive attitude towards the replacement of LED lighting, LED lighting accounted for only 7% in 2008, it is estimated that the proportion will be up to 50% in 2015 and it will reach 75% in 2020. Philips said that it will strengthen partnership with South Korea LED lighting related manufacturers. Nearly two months ago, it began looking for a suitable program; the...

According to LEDinside, the LED research division of TrendForce, the ASP volatility of LED light bulb has been continued into December 2012. Products from the US took the led as more new items were launched during the month. ASP for those LED bulbs targeted to replace the traditional 40W incandescent light bulb posted a mild 0.2% sequential gain to US$18.70. And those targeted to replace the 60W incandescent lamp posted a 3.9% drop to US$30.90 in the same period.