On August 18, according to the Hong Kong Economic Journal, Grudev, representative of the Russian Federation’s Commercial Representative Office in China, stated at an industry conference held in Shenzhen that Russia hopes to further increase the total trade volume between China and Russia in the LED industry and attract advanced Chinese companies to set up factories in Russia.
Grudev said that the Russian LED industry developed rapidly last year, with a growth rate of 250%, and LED lighting accounted for 10% of the market share of the Russian lighting industry.
Data shows that the sales volume of light bulbs in the lighting market last year was 1 billion, with sales of 40 billion rubles.
The Russian government has introduced a series of measures to promote energy-saving light sources. It is expected that by 2016, the market share of LED lighting in the Russian lighting industry will increase to approximately 35%
PREVIOUS：Hikvision achieved revenue of 37.258 billion yuan in the first half of the year, with innovative business growing by 25.62%
NEXT：Dehao Runda is planning major events and will suspend trading from today’s market opening
RELATED NEWS
- Jufei Optoelectronics acquires Japan’s Panasonic LED light bar lens patent 2026-05-27
- Mini LED backlight chip makes its debut 2026-05-27
- Apple’s latest display drives demand, MiniLED backlight is both an opportunity a 2026-05-27
- In the first year of Mini LED, where have these two Taiwanese players gone? 2026-05-27
- The world's largest! Lianjian Optoelectronics' nearly 1,000㎡ large LED screen li 2026-05-27
CATEGORIES
LATEST NEWS
CONTACT US
Contact: mack
Phone: 13352972563
E-mail: mack@archled.net
Add: 3rd Floor, Building A, Mingjinhai Second Industrial Zone, Shiyan Street, Baoan, Shenzhen,Guangdong,China
ANNA