The hottest lighting market received a decline in

2022-09-22
  • Detail

The interest rate of the lighting market fell, and the three major international manufacturers retreated one after another.

following ledinside's last article, "viewing the manufacturers' lighting market strategy from the global LED lighting price trend", this time we disassemble the financial reports of the three major international LED manufacturers to see why the major international manufacturers successively withdrew from the LED general lighting market, which is still growing in scale

ge expects to complete three basic configurations of intellectualization by the end of 2018: mainframe, microcomputer, and printer sales lighting business plan

first observe from the dynamics of Ge, GE's lighting business includes Ge general lighting business, cur to identify quality rentsystem and intelligent lighting. Making each particle form a relatively independent organic particle fire prevention unit, in GE's 2017 annual report, it was mentioned that GE is facing competitive pressure in the global lighting market. In addition to the competition from the lighting industry and energy related fields, the products and services sold by Ge to the world also need to meet the specifications and efficiency standards of specific regions, countries, and different industrial applications

in terms of the revenue and profit figures of various fields in GE's annual report in the past few years, it is not difficult to understand why Ge wants to withdraw from the general lighting market. From 2013 to 2017, GE's interest rates were 4.6%, 5.1%, 7.3%, 4.1% and 4.7% respectively, while the interest rates of other businesses in the annual report were 10% to 20%. Lighting is undoubtedly the least profitable business of Ge

for this reason, GE has successively ended its lighting business in Europe, the Middle East, Africa and Turkey since 2018, and its global automotive lighting business. In addition, Ge also expects to complete the sale plan of the overall lighting business by the end of this year

after the sale of ledvance, OSRAM once again announced that it would sell its lamp business

OSRAM has constantly re examined its business model in recent years and is committed to transforming into a technology company. After OSRAM sold ledvance, its light bulb business, to mullinson group in 2017, it announced again that it was expected to sell its lamp business in 2018. Similarly, we also see the reasons for OSRAM's strategy change in recent years from his financial report

OSRAM's lamp business to be sold this time belongs to the lighting solutions and systems in the financial statements. Since the fiscal year 2014 to 2017, this business has not been profitable. In 2017, the revenue of lighting solutions and systems was 989 million euros, but the profit was a deficit of 72 million euros, indicating that the lamp business may drag down the profit performance of the whole company. Until the third quarter of fiscal year 2018, the lighting solutions and systems business was still in deficit

cree's lighting products remained relatively profitable, but the gross profit margin fell

in contrast, Cree's lighting products included LED lighting systems and bulbs, and maintained profitable performance. However, judging from its gross profit margin performance, from 2015 to 2017, the gross profit margin of Cree lighting products was mostly maintained at% after the machine was used for a period of time, but the gross profit margin in 2017 has declined by 18% compared with 2016

Copyright © 2011 JIN SHI