Path: All Videos >> Supplier Interviews >> Supplier Interview - Neo-Neon LED Lighting International Ltd gears up for LED market takeoff

Supplier Interview - Neo-Neon LED Lighting International Ltd gears up for LED market takeoff

 

Visit Neo-Neon LED Lighting International Ltd for more information.

Optimistic of demand for LED lighting growing stronger in the years ahead, Neo-Neon LED Lighting International Ltd is expanding the capacity of its vertically integrated operation. In an interview with Global Sources, chairman Ben Fan talks about the company's outlook on the industry and its efforts to boost competitiveness.

About the company

Having started in 1997, Neo-Neon is one of China's pioneers in LED application product development. It set up a LED packaging factory in 2002 and, with its entry into epitaxial wafer manufacturing, became a vertically integrated operation focusing on white LED-based lighting in 2008.

The company has factories in China and Vietnam. It is listed on the Stock Exchange of Hong Kong.

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TRANSCRIPT

Neo-Neon LED Lighting International Ltd gears up for LED market takeoff

Q: As a leader in the line, how do you see China's LED industry five years ahead?

A: The pace at which LED lighting is replacing traditional fixture has sped up. Domestically, the market for new lights is currently about 200 billion yuan ($29.9 billion) each year. In a decade, this could reach 500 billion yuan ($74.8 billion). Of course, this will take a lot of effort. At present, there are too many makers and the industry does not have a standard.

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