Le Domain Electronics teamed up with Korean companies to produce LED lamps

Dongguan LED industry chain has added a "hybrid" new child. Yesterday, Dongguan Leyu Plastic Electronic Products Co., Ltd. (referred to as Le Domain Electronics) and South Korea Techwon Co., Ltd. (Techwon for short) signed a cooperation agreement to jointly produce LED lamps.

It is reported that LeDoo Electronics intends to achieve independent research and development and independent production through this “borrowing child”.

Losing to Korea every year

300 million products

Techwon chose Le Domain Electronics to work because of its limited capacity in Korea.

It is reported that Techwon will cooperate with technology input and send technicians to help train electronic technicians in the music field. Techwon will purchase 300 million LED lamps from Le Domain Electronics every year and export them to South Korea. And LeDoo Electronics will export LED lamps with their own trademarks to South Korea and start the brand.

And Techwon's embarrassment is purely accidental. Le Yinghai, chairman of Le Domain Electronics, said that Le Domain Electronics only got involved in the LED industry in 2008. In a business gathering, he and Techwon executives met by chance. It is reported that LeDoo's ODM and OEM business covers the whole world, serving many world-renowned customers such as Fujitsu, and good reputation has attracted Techwon's attention. In the end, the two companies "get married" yesterday.

Techwon President Zhang Jizhen also praised the music industry: "After examining a number of companies in Shenzhen and Dongguan, we appreciate the advantages of Music Electronics in equipment, management systems and teams."

Leverage the construction of research and development center

LeDoo Electronics, which was only introduced in 2008, has always worked hard for LED R&D centers with strong R&D capabilities.

“We are now using Techwon's technological advantages and brand strength to produce LED products with market competitiveness. Techwon uses LED technology to produce LED lamps in Dongguan's labor, management, corporate culture and other advantages.” Relevant person in charge Zhao Yasheng revealed that if the cooperation between the two parties goes smoothly, “Techwon will officially launch research and development cooperation with LED Electronics in the future, and gradually transfer the R&D center to jointly expand the Chinese market”.

It is understood that during the two-year cooperation period, Techwon will provide technical support and dispatch technical personnel to Le Domain Electronics for technical training; and Leyu will invest 50 million yuan, including the production of molds and new products, if the development prospects are good, Will increase capital.

It is reported that the intelligent LED energy-saving effect developed by Techwon is very competitive, and it can achieve energy saving effect of 15% to 60% in different environments. Dr. Li Jianguo, one of the founders of Techwon, said that this kind of lamp will be mass-produced in Le Domain Electronics in the future.

Since 2008, Leyu Electronics has invested nearly 20 million yuan each year in product research and development, with a research team of more than 70 people. Among them, there are many doctors like Lao Yinghai and his son.

Talking about the market

Increase domestic sales ratio

Lao Yinghai admits that as an export-oriented LED lighting manufacturer, after signing a technical cooperation with Techwon, it has a comparative advantage in terms of capital and technology. However, he is most worried about the impact of the appreciation of the renminbi on exports.

At present, the music industry electronic products are mainly exported to the Americas and Southeast Asia. It is understood that in the future, it will also be exported to emerging countries and regions such as Africa.

"So, we intend to improve our R&D and R&D capabilities through this cooperation. With the technology and brand effect of Techwon, we will gradually develop the domestic market and increase the domestic market share." Zhao Yasheng said.

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