Recently, two major international lighting manufacturers, Cooper Lighting and Hubbel announced that they would raise their prices again for the same reason.Cooper lighting prices increased by 7-10%In December 2020, Cooper Lighting announced an increase in the price of lighting products for the first time. Cooper Lighting issued another price increase notice on 26th March, 2021.Due to pressure from supply chain shortages, logistics issues and rising raw material costs, the prices of some li
Driver IC manufacturer Sunmoon Microelectronics listed on the Science and Technology Innovation Board in December 2020 and disclosed its first annual report yesterday evening (22th, March). Both revenue and net profit have increased.Thanks to the increase in product sales and the increase in gross profit margin, Sunmoon Microelectronics achieved revenue of 525 million RMB in 2020, a year-on-year increase of 13.47%; net profit attributable to shareholders of listed companies was 109 million RMB,
On 31st of March 2021, Leyard interpreted the company's 2020 annual report, introduced the company's future plans and strategies when receiving institutional research. It is worth noting that Huawei, Alibaba and other companies also participated in the research activities of Leyard.Interpretation of 2020 Annual ReportNannan Li, director, vice president and board secretary of Leyard Group interpreted the 2020 annual report. In 2020, Leyard realized operating income of 6.634 billion R
Following the announcement of cooperation between NVC and Unilumin, DuPont and Tecco Chemicals, Leyard and TCL Huaxing, there are two more "CPs" in the LED industry: HPWinner and Moso Power, Huaxing and Longli.HPWinner and Moso Power jointly develop outdoor lighting。In the afternoon of 31st of March 2021, Moso Power and HPwinner signed a strategic cooperation agreement.Moso Power is the first drive power company to list in stock in the domestic LED drive power industry; HPwinner f
LED driver IC factory Macroblock entered the outdoor naked-eye 3D display supply chain and shipments volume began to increase significantly. The management is optimistic that with the continuous upgrade of outdoor display specifications, Macroblock's shipment momentum will have the opportunity to start to heat up again, driving the follow-up performance to improve.Outdoor glasses-free 3D displays have recently set off a global upsurge. The United States, South Korea, China and Taiwan have al
The news of price increase in the LED industry is pervasive. After Optotech increased the price of all products by 10-30% to reflect the pressure of rising raw material costs, a report pointed out that the LED packaging leader Everlight has extended its visibility due to strong demand for invisible light products. Since March 2021, it has begun to adjust the prices of related products with an average increase of about 20%. Everlight‘s operating revenue in 2021 is expected to hit a five
NVC Lighting and Moso Power signed a strategic cooperation agreementOn 29th,March 2021, NVC Lighting and Moso Power signed a strategic cooperation agreement at the headquarters of NVC Lighting in Huizhou.In this cooperation, the two parties will conduct deep cooperation in the R&D and manufacturing of LED drive power product lines, outdoor power supplies and outdoor lighting smart power supplies. Through resource sharing and complementary advantages, 5G+ lighting will enable smart cities as an o
NVC Lighting and Unilumin Technology reached strategic cooperation! On 25th, Feb 2021, NVC Lighting and Unilumin Technology held a strategic cooperation signing ceremony at the headquarters of NVC Lighting in Huizhou, announcing that the two parties have reached a strategic cooperation in product development, channel resource integration and sharing. Lianqi Lin, CEO of NVC Lighting, Mingfeng Lin, Chairman of Unilumin Technology and the teams of both parties attended the signing ce
Yaguan Technology and Forest Lighting signed a strategic agreement to cooperate in all aspects of R&D and supply chain On 15th, March, Yaguan Technology and Forest Lighting signed a strategic cooperation agreement at the headquarters of Zhongshan Forest Group, Guangdong. The two parties will cooperate on smart lighting solutions. Yaguan will provide end-to-end systematic and intelligent solutions for Forest Lighting commercial lighting power supplies, home power supplies
Is the second price increase coming?On 23th March, Signify announced that it will adjust the prices of some lighting-related products from June 1st. The price increase will be 3-9% depending on the product category.Signify raises prices againSignify stated in an email sent to customers that due to increasing cost pressures from the supply chain of raw materials and logistics, the company decided to increase the price of its professional lighting product portfolio which will take effect on 1st&nb
As a key component of LED products, the main function of LED chips is to convert electrical energy into light energy and it directly affect the quality and performance of LED products.In terms of demand, according to the observation of LEDinside, the Optoelectronics Research Division of TrendForce, With the consistently development of the LED industry, Lighting is still has the greatest demand for chips in the application market.but this situation is gradually changing. With the increasingly fie
LED electronic device display screens are developing at a very fast rate to smaller spacing. Indoor small-pitch LED displays have already come to the P0.X period, and outdoor LED small-pitch has also come to the P2.X period. Compared with outdoor led displays The rate of development is relatively slow, but it has been developing, and the product specifications of outdoor display screens are constantly being updated. Nowadays, the large spacing of outdoor display screens has already started
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