Cross-border cooperation among Chinese lighting companies

In the era of global integration of the lighting industry, in addition to Chinese lighting companies acquiring quality overseas resources. Keeping pace with the times and grasping the opportunities brought about by new technologies, new economies, and new forms of business such as Internet of things and big data, and promoting cross-border integration and innovation and development are also major approaches. Promote the improvement of the status and strength of Chinese lighting companies in the lighting industry in the country, and subtly change the layout of the global lighting industry sector.

In recent years, domestic and foreign lighting companies such as Philips Lighting, Osram, GE, Op Lighting, NVC Lighting, Sunlight Lighting, and Tuning Technology have conducted cross-border cooperation and sought new breakthroughs. It also attracted a large amount of capital and innovative technologies, such as Huawei, Haier, Midea, Ali, Jingdong, Xiaomi and other technology giants involved in the Chinese lighting industry, which undoubtedly promoted the Chinese lighting industry to keep pace with the times.

Whether it is acquisition, integration or cross-border cooperation, the lighting industry in China is constantly growing, and the speed of development is incalculable. After years of development of China's lighting industry, China has become the world's largest producer and exporter of lighting products. China's lighting products have occupied more than 50% of the national market.

Once, backward will be beaten. However, as China’s overall strength continues to grow, the era of foreign companies’ dominance has ended, and Chinese companies will win more and more opportunities on the international stage, changing the global lighting industry sector’s layout with “China Speed”.