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.
Reimagining Retail Stores with Lighting Controls
Traditional retail stores are seeing a steady decline in sales as e-commerce continues to grow. Online shopping is convenient, but it’s missing something retailers are beginning to capitalize on. Consumers often want an experience as they are shopping. They want to...
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