GROWING MARKET: An Everlight official said the company aims to procure more LED street lamp bids, as the indoor LED lighting market in India is already very competitive
Taipei Times
Date: Nov 25, 2017
By: Lauly Li / Staff reporter, in Bengaluru, India
Everlight Electronics Co (億光), the nation’s largest LED components and lighting products provider, has secured deals to provide LED street lamps to southern states in India, the company said yesterday.
“The LED street lamp projects will mark Everlight’s entry into the Indian market,” an Everlight official, who declined to be named, told the Taipei Times at the company’s booth at the Smart Asia Expo & Summit in Bengaluru.
Everlight reported revenue of NT$29.27 billion (US$975.34 million) last year, with the LED lighting business accounting for nearly 20 percent.
The official said the company’s indoor and outdoor LED lighting products have reached markets in the Philippines, Thailand, Vietnam, Indonesia and Cambodia.
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