Germany expands LED lighting manufacturing base to attract foreign investment

Guide: "Germany's automotive lighting is also seeking more funds. We urgently need foreign capital to invest in the construction of LED facilities to support the rapid development of LED lighting. We welcome all foreign investment companies, Germany will provide them with a good foundation Facilities and skilled workers."

In terms of lights and streetlights, Germany has invested a lot of money to develop the relevant semiconductor lighting industry. However, Germany intends to establish a larger semiconductor lighting manufacturing base and is currently calling for more foreign capital investment. Currently, LED lighting has a rapid development momentum. According to Frost & Sullivan, a professional market research organization, the growth rate of LED lighting will remain at double digits between 2012 and 2018. In 2008-2018, its LED bulbs are expected to grow at a compound annual growth rate of 27%.

Experts from the German Federal Ministry of Foreign Trade and Investment, who participated in the LED/OLED Expo opened in Korea last Tuesday, stated that “many semiconductor lighting companies in the lighting industry are ready for the next growth period.” The German Federal Trade and Investment Agency is a German company. An official agency of the Federal Republic for foreign trade and inward investment, aiming to seek potential investors interested in entering the German market, as well as providing information for German companies wishing to open foreign markets.

"Because of the energy revolution in Germany, the lighting infrastructure in the country has been greatly upgraded. LED pilot projects for street lamps and buildings have been launched in various German cities." Jonathan Schoo, expert of the Foreign Trade and Investment Agency, said, "The German car Lighting is also seeking more funds.We urgently need foreign capital to invest in the construction of LED facilities to support the rapid development of LED lighting.We welcome all foreign investment companies, Germany will provide them with excellent infrastructure and skilled workers ."

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