In recent years, domestic
lighting enterprises are growing rapidly and have been ranking in the same
competitive status with international enterprises. With the improvement of
competitive strength, good companies in domestic LED
Lighting industry are walking out to compete in the global market.
International big lighting companies Philips and OSRAM are both selling their
lighting business. Buyers from all over the world are lining up to purchase,
while the potential buyers are mostly from China. Philips and OSRAM have been
doing lamp manufacturing and sales business for over a
century. However with the emerging of new energy-saving technology such as
LED Area Light , it is said that the profit
capability of traditional lights in both company is much worse than before.
Going for grandiose
projects are common for Chinese enterprises, and they pursue all kinds of
opportunities and do whatever that can earn money. However, with competition
getting fiercer, the growing space and first mover advantage would finally
disappear. Many enterprises will then start to fall behind and this is the
common difficulty faced by them. In current market environment, LED Lights enterprises shall learn to stay
specialized and stick on to the field they are good at rather than stretching to
inappropriate fields.