Huga executives stressed integration of the two companies rather than merger in the deal. They noted that if Huga became a defunct company after the deal, its partnership contract with Seoul Semiconductor would be abandoned. On the other hand, as Epistar wholly owns Huga, the two companies’ entry into the United States market would not be considered practicing fixing prices.The Institute for Information Industry (III) pointed out that these standards are expected to improve the efficiency of lighting management, improve safety during nighttime activities, create energy-saving and a smart lighting environment, and explore high value-added business opportunities worldwide.
The institute said that the five sets of standards for Shenzhen's LED lighting products were approved by Shenzhen's six major lighting associations after consultations.The LED lighting revolution has expanded to Jakarta, Indonesia. The LED illumination’s vast ambient and security benefits led to the installation of more than 3,000 area lights, featuring CreeXLamp XP-G LEDs, along a newly developed shopping and commercial area.Beginning in summer 2011, Lian-Fa replaced 200-watt high pressure sodium lamps with the LED-based luminaires for brighter and broader illumination, enabling shoppers and visitors to feel safer and more comfortable while visiting the area at night.
The institute believes that it will be a good time for Shenzhen's LED industry to cement its competitiveness and expand demand as prices of LED lighting products continue to drop.According to Shenzhen state-funded institute, the government is paving the way to announce newly established national standards for the smart lighting industry on Aug. 14, to expand demand and worldwide business opportunities.Considering Zhaga light engine is the future mainstream in LED lighting industry, In July 2010, Lustrous was registered as the first Shenzhen regular member of Zhaga Consortium, investing great efforts and resources in developing Zhaga light engine products. This June, they proudly announced their two Zhaga products, LES 19CL and LES 13.5CL were accredit the certifications from UL, marks as the first one among LED industry in Asia-Pacific region. This outstanding record demonstrates Lustrous with excellent research capabilities and leads the professional role in LED lighting industry.
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