Qinshang Optoelectronics plans to invest USD 100 million to indirectly acquire 6.15% stake in Philips Lumen

Qinshang Optoelectronics announced on the evening of September 17 that in order to expand the production scale of the main business and extend the industrial chain, the company plans to change all remaining funds of the LED indoor lighting project, all remaining super-raised funds, LED outdoor lighting and landscape lighting projects. The funds, as well as part of the company's liquidity, indirectly invested $100 million (equivalent to approximately RMB 655 million) by Lumileds ("Philips Lumen"), which was split by Royal Philips of the Netherlands, for the indirect acquisition of 6.15% of Philips Lumens.

According to the announcement, Philips Lumens is a leading global technology company that supplies LED components to the lighting industry and supplies LEDs and traditional lighting components to the automotive industry. The company's revenue in 2014 was approximately $2 billion, and its profit before interest, taxes, depreciation and amortization in 2014 was approximately $410 million. Its business consisted primarily of general lighting, automotive lighting, and consumer lighting. Currently, the company has one of the most specialized IP portfolios and is the market leader in various technologies.

In addition, Philips Lumens ranks in the top three in several market segments, including the automotive LED field, the number one; the consumer mobile flash field ranks first; the automotive traditional product field ranks second; the general lighting field ranks third In 2014, it occupied 40% of the OEM automotive lighting market; in 2014, it occupied 60% of the smartphone/tablet/mobile flash market. Qinshang Optoelectronics said that the company intends to use this investment to enhance and consolidate the company's leading position in the field of semiconductor lighting through industrial integration, to strengthen the company's strength, enhance the brand's image and enhance the company's visibility.

Indoor air in a healthcare environment is a veritable invisible cloud of particulate matter, microorganisms (including spores, viruses and bacteria) and volatile organic compounds (emitted by cleaning products and furniture) dust, lint from hospital linens and fabrics, surgical smoke, and even pollen and animal dander brought in on the clothes of staff, patients and visitors. Traces of chemicals, gases and fumes can also be present.


Our Advanced product is specially designed for Air Sterilization for Hospitals.

We used the 3-in-1 technique (Semiconductor, UV and HEPA Filter) in the Air Sterilizer to eliminate bacteria, dust, odour or micro organisms.

Air Sterilizer

Air Sterilizer,Ozone Air Sterilizer,Air Purifier Sterilizer,Ultraviolet Air Sterilizer

Dongguan V1 Environmental Technology Co., Ltd. , https://www.v1airpurifier.com