A manufacturer of low-voltage transformers, commercial and industrial lightings, sees a bright future in the lighting business in 2011, helped by its newly-launched light-emitting diode (LED) products.
The company has begun doing research and development on the LED products as early as three years ago, and started selling its products in the second half of 2010.
Lighting business plays a big role in the company's overall financial performance. In 2010, it contributed about 50 per cent of its revenue, of which less than 5 per cent of its lighting business come from LED products. In 2011, it expects between 10 per cent and 15 per cent of our lighting business to come from LED products.
For a start, the company will sell its LED products to commercial and industrial users, such as petrol kiosks, shopping complexes and hotels. It is also selling its LED products overseas. Later, it plans to penetrate into the mass, household market
5 hours ago
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