It is very important for LED lighting companies to make profits. What profits do companies rely on now?
First, to enter the upstream, master the core technology, determine the status of the industry and pricing power, such as the National Star Optoelectronics, from the original midstream to expand the upstream and downstream companies.
Second, the use of machine-based, automated production equipment, reduce product costs, combat competitors and expand market share, such as Foshan Lighting.
Third, focus on research and development and design, design to achieve "people-oriented", and integration of lighting into health concepts, such as Kathy Europe lighting.
There are many ways for companies to make profits, and there is no corresponding formula to explain them. However, for enterprises, profit is self-evident. A company's failure to make profits means "towards destruction." Therefore, how to make profits will be an eternal topic.
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