Panasonic will fully develop LED lighting business in Asia


With the rapid development of LED lighting, LED lighting products have begun to appear. Panasonic EcoSolutions will launch a full-service residential lighting business in Asia.
Starting in June this year, Matsushita will sell residential LED lamps in the Vietnamese market, and will then expand its sales to Indonesia, India, Taiwan and Hong Kong, and will expand LEDs in the Chinese mainland market where it has begun to sell ceiling lamps. The product line of lighting products has expanded the LED lighting business.
Panasonic's policy is to meet the sales market and consumer preferences in different regions in terms of the design of the luminaires, and promote global cost-competition in terms of devices to promote global cost-effectiveness.
LED components and power supplies that are mass-produced for the Japanese market, where demand for LEDs is soaring, will be tailored to other parts of Asia. Matsushita said that by introducing high-quality LED lamps cultivated in Japan to emerging market countries, in addition to providing ample lighting space, it is also expected to contribute to improving the power situation.
It is understood that the sales of Panasonic's residential lighting fixtures in 2012 is approximately 3 billion yen, mainly based on the Chinese market. This time, the company plans to expand its business to the Asian market, and plans to expand this sales to more than twice that of 2012.

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