The Coronavirus has hit the LED Industry hard, with 72% of Chinese manufacturing companies reporting in on an LEDinside industry survey, that they expect to see NO profit this month.
To understand how individual Chinese LED companies are being affected, LEDinside collected 7471 voluntary survey samples showing that only 28% of companies will still make a profit under these trying circumstances. The survey shows that small and middle-size factories are most likely to be significantly impacted by the coronavirus outbreak especially when it comes to delays in production. For a full look at the survey results, click here.
Next Gen LED Upgrades for Facility Managers
The size of the facility doesn’t matter, everyone wants to save money on energy costs. It’s something everyone considers during a lighting retrofit or next gen LED upgrade. An effective way to lower operating costs is to make the switch to next gen LED lighting, but...
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