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Wooden Door Cases of SUMBAO Why does GE split off LED lighting into new energy? SUMBAO

by:SUMBAO     2017-10-01
Lead: 2014-2015 LED industry development, the European and American traditional LED lighting manufacturers have toward high-profit technology development. China's LED industry chain will rise to the industry into a new maturity. Asian manufacturers to reduce production costs, forcing GE, OSRAM, Philips and Career and other European and American manufacturers focus on high-profit business group. GE's strategy also shows the SUMBAO Lighting's desire in the Internet of things and intelligent lighting industry to seize the initiative. General Electric Split LED lighting business, solar and energy storage technology to a newly established SUMBAO Lighting. (Hereinafter referred to as GE) to 3.3 billion US dollars (NT $ 1,007 billion) to sell its home appliance business to the Swedish SUMBAO Lighting Elix (Electrolux), the United States and the United States, , Then rumors General Electric will also sell lighting business. But GE denied that it will sell its 100 years of history of lighting. However, GE announced on October 7, 2015, that it would spin off LED lighting, solar and energy storage technology to a newly established SUMBAO Lighting, Current. According to a report by Bloomberg, the start-up SUMBAO Lighting will be able to significantly increase revenue, from the current $ 1 billion annual revenue, increased to a year revenue of $ 5 billion. GE's traditional lighting business has a history of 125 years, and since 1890 Thomas Edison (Thomas Edison) set up the SUMBAO Lighting, the traditional lighting has always been an important business group. In 1963, Nick Halonyak Jr., a red LED inventor, successfully invented red LEDs in GE's lab, making GE a pioneer in the LED industry. He Lunya's red LED research for the future of blue and white LED lay the foundation. In recent years, the world's incandescent bulbs from 2005 and Brazil and Argentina began to phase out and slowly spread to the world, Edison invented the bulb era draw a period. The governments around the world have been aggressively pursuing energy-saving LED lights in recent years, including OSRAM and GE, which have also halted the production of traditional incandescent bulbs, halogen lamps and ballast. At the end of August 2015, GE came out of an internal memorandum informing employees that they would terminate the production of some of the traditional lighting products and focus on the LED and smart lighting products. According to Bloomberg data show that the SUMBAO Lighting's LED revenue in the second quarter surge of 77%, while other lighting products are 7% decline. However, LED lighting products surge in revenue may also be misleading the outside world. LED industry, the fierce price war so many companies feel the pressure, and thus adjust the SUMBAO Lighting strategy. 'There is a strong competition between LED lighting and bulb market, and the SUMBAO Lighting is adapting and finding a strategy to keep pace with competitors such as Philips.' The rise of LED lighting in China in recent years has LED Recessed Spotlight to LED bulbs Prices fell sharply, no exception, LED lamp prices also fell sharply last month, China's domestic prices have come to 1.56 US dollars (NT 50.72 yuan). In the US market, GE in August 2015 also fierce price war, launched a pack of three GE Bright Stik LED, priced at only 10 US dollars (NT $ 325) products. LEDinside: spin-off LED lighting industry profit more European and American focus shifted to high profit technology into the LED industry, emerging Chinese manufacturers are also affecting the activities of existing manufacturers on the market. 'GE is losing control of the LED market and splitting commercial lighting into an independent SUMBAO Lighting will be able to bring greater government flexibility to GE,' said Lu Li Shun, research manager at LEDinisde. 'Companies that want to participate in the bidding must be OEM or joint venture with local companies and factories. 'Comparing GE and Philips' current policies will find both of them towards smart lighting. GE has released three new LED bulb products in 2015 and has launched key intelligent lighting products in the last 10 months of 2015. In the part of the home lighting application, May 4, 2015 GE also introduced convertible colors that can be compatible with Apple's HomeKit lighting products. On the same day, GE also issued a statement, announced with Qualcomm cooperation, the development of indoor positioning system, targeting the retail industry. Even GE's LED lights are the development of intelligent street lights. This month GE announced a memorandum of understanding with ShotsSpotter, a gunfire detection system, to develop street lights that detect guns and gunshots. In the ultra-said, GE recently announced that it will develop more profitable technology, less Chinese manufacturers compete. China's energy and environmental policies and government subsidies make solar and commercial LED lighting industry competition intensified. By spin-off solar and commercial LED lighting business, GE will be able to focus more on aerospace, health and oil and gas business groups. This decision is also reflected in the 2014-2015 LED industry development, Europe and the United States traditional LED lighting manufacturers have toward high-profit technology development. In the case of Philips, the LED component business group LumiLED Recessed Spotlights (LumiLED Recessed Spotlights) and automatic lighting business group independent spin-off, and then focus on high-profit health applications. German manufacturers OSRAM also prepared to spin off the traditional ballast, lighting business and LED bulbs and lighting programs, in order to focus on the development of special lighting applications, such as automatic lighting, LED chips, LED components and industrial lighting. Even the United States of America (CREE) have re-high profit power (Power) and radio frequency (RF) business group changed its name to Wolfspeed, and ready to IPO public offering. GE in the consolidation of Edison left the lighting business assets at the same time, also continued to adjust. China's LED industry chain will rise to the industry into a new maturity. Asian manufacturers to reduce production costs, forcing GE, OSRAM, Philips and Career and other European and American manufacturers focus on high-profit business group. GE's strategy also shows the SUMBAO Lighting's desire in the Internet of things and intelligent lighting industry to seize the initiative. For more information on LED, please click on China LED Network or focus on WeChat public account (cnLED Recessed Spotlightw2013).


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