He is one of the three traditional lighting giants announced yesterday to stop business expansion in Asia and Latin America.

Following the announcement by Samsung Electronics of the suspension of LED lighting business outside of Korea in 2014, another multinational company announced that it would stop some regional business expansion. This time it was the GE lighting that was one of the three giants of traditional lighting.

GE Lighting CEO Bill Lacey said in an email to the company's employees yesterday that GE Lighting will terminate all direct commercial activities in Asia and Latin America from November 30th, enabling GE Lighting to achieve a high degree of focus, win and consolidate its Market position in North America, Europe and the Middle East, and continues to expand scale and improve profitability.

Bill Lacey was named the new President and CEO of GE Lighting earlier this year. According to Bill, GE Lighting can't just satisfy the service market, but must also lead the market, which means we need to focus on innovation and innovation. In view of this, the company has made several major strategic decisions that will strengthen GE Lighting's business in LED and related technologies, laying the foundation for the future.

To take advantage of the opportunities in the current industry shift, Bill announced the second statement to create a new incubation lab, accelerate LED innovation, and create a leading product line.

According to the statement, the lab will focus on developing and testing home connectivity technologies, including the creation of GE Lighting Intelligent Nodes, which will begin pilot projects in the second half of this year. The lab will also work with new ecosystem partners to develop intelligent lighting solutions that are both creative and flexible. The lab will be supported by resources from around the world, including GE Lighting's China technical team.

When the LED replacement tide came, the traditional lighting giants had to actively explore the road of transformation, divest the traditional lighting business, and force the LED segmentation field to move toward the high end of the LED value chain. Some time ago, GE Lighting announced that it will close two traditional lighting production plants in Lexington, Kentucky, USA in August 2017.

In February, GE Lighting decided to phase out CFL (compact fluorescent) bulbs sold in the United States in the next year, replacing them with LED bulbs. The company's spokesperson said in a statement: "In the future, GE Lighting will focus entirely on innovation and LED technology. By 2020, LED lights will account for half of the US market and 80% of global lighting revenue will come from LEDs."

As can be seen from the above statement, similar to Philips Lighting, which is also an international giant, GE Lighting pays more attention to the development of smart internet technology while improving the penetration rate of LED market, and gathers more resources in the industry chain in the process of business transformation. The high-end part of the smart lighting.

As one of the key drivers of intelligent lighting, GE Lighting has never stopped exploring intelligent lighting solutions. Whether it is intelligent building lighting or intelligent LED street light network, GE lighting has never stopped in recent years. For example, the intelligent system is integrated into the product, and the remote control of the luminaire is realized through the wireless gateway. With the GE Industrial Internet platform--Predix, the data is collected through components such as sensors, controllers, wireless transmitters and microprocessors. analysis.

In recent years, China's LED lighting industry chain enterprises have risen rapidly, and the withdrawal or compression of some major international manufacturers can also provide a better competitive environment for the remaining Chinese LED lighting companies.

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