The demand for LED (light-emitting diode) general lighting products may be increasing worldwide, but as prices fall, LED companies in Penang have had to respond with different business strategies to grow revenue, including marketing LED tubes similar to traditional fluorescent lighting, penetrating new markets and establishing their own brand names.
The weaker ringgit, too, has been an issue as it has substantially increased the cost of producing LED general lighting products.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!