Kelington want to enter the Chinese LED Market

KELington Group Limited (KGB), a manufacturing high purity gas and chemical infrastructure company is expected to expand China LED market, earn more income for the company. Group president Ong Weng Leong said that although Kelington has provided some LED services in China, but still hope to take advantage of the current growth trend of China's LED market, expanding the scope of services.

Ong Weng Leong shows that they are optimistic about the future development of China's LED market. The company has set up factories in Malaysia and investment in the cause of LED, but found that the cause of the development of LED in Malaysia is not as good as china.

It is expected that the lighting market in China will reach $1 billion 220 million in 2010, accounting for about 15.4% of the world economy. Expected in 2015, China's LED market turnover will increase 18.3% to $2 billion.

Ong said international events have been driving world demand for LED, such as the 2008 olympics. The LED lamp is brighter, more energy saving and longer life than the traditional light bulb. The only obstacle is the higher price. However, as long as the increase in production, and can reduce costs to make the price cheaper.

Malaysia's energy minister, former green technology and Minister Datuk Seri Peter Chin the Ministry of water resources Fah Kui has announced that the country will be phased out the white flag and lighting, ban in 2014. And the fluorescent lamp, fluorescent lamp and LED lamp compared to traditional incandescent bulbs are regarded as more environmentally friendly lamps, so the government will stop importing and selling incandescent lighting, lighting energy saving efforts. Using LED bulbs can reduce emissions of 732000 metric tons of carbon dioxide per year. This policy has led people to use CFL and LED lamps to allow the public to be more intelligent and efficient use of energy, and at the same time to achieve a 40% reduction in emissions of carbon dioxide policy commitments in 2020.

Ong praised the government to promote the use of LED lamps, but in any case still need to attract more investors to make the LED market growth. In addition to China, Taiwan also has good prospects for the development of LED. Taiwan decided to spend 280 million yuan NT, within the next three years will be replaced by the 326 thousand mercury street lamp LED. The project is expected to enable the LED lighting industry to generate a market size of 450 million yuan, and an annual reduction of electricity consumption of 143 million kilowatt hours (KWH).