On the evening of September 1st, Infineon made an official announcement revealing that its wholly-owned subsidiary, Zhejiang Yingfei Special Optoelectronics Co., Ltd., along with Hangzhou Maple Yongming Optoelectronics Co., Ltd., had signed a significant "LED Driver Power Purchase Contract" on September 1, 2017. This agreement marks another milestone for Infineon as they continue to solidify their position within the LED lighting sector.
According to the announcement, Maple Yongming placed an order for 900,000 LED outdoor power supplies from Infineon, totaling a purchase amount of 105 million yuan. Infineon specializes in researching, producing, selling, and offering technical services for LED driver power supplies. Their primary product, the LED drive power, plays a crucial role in LED lighting systems, transforming primary energy into the secondary energy required by LEDs. These power supplies are predominantly utilized in outdoor LED functional lighting like street lights, tunnel lights, high-pole lights, floodlights, and wall washers, as well as in indoor LED lighting solutions such as industrial and mining lamps, panel lights, strip lights, spotlights, downlights, and ceiling lamps.
Infineon's LED driver power supply products are renowned for their high-quality standards and proprietary knowledge. They feature industry-leading built-in 10kV patented lightning protection technology, programmable output current adjustments, all-inclusive dimming functions, superior waterproofing capabilities, and an extensive product lineup. This comprehensive suite of offerings provides outdoor lighting manufacturers with cutting-edge solutions. Over the last decade, Infineon has consistently invested in research and development, culminating in all their LED driver power supplies possessing independent intellectual property rights. This commitment enables domestic enterprises to expand globally and compete internationally. Infineon remains steadfast in pursuing innovative and high-quality paths, ensuring the delivery of exceptional products and services to their clientele.
It’s worth noting that the Infinex brand has been recognized as a "Zhejiang Famous Trademark" and "China's Most Competitive Brand in the LED Industry." The LED driver power supplies they produce have been designated as a "Zhejiang Famous Brand Product," earning prestigious awards such as the "First Prize of Science and Technology from the China Power Supply Society" and the "China LED First Prize." These products are exported to over 50 countries and regions worldwide, including North America, Europe, Japan, South Korea, South America, and Southeast Asia, garnering high acclaim both domestically and internationally.
Currently, downstream customers have developed a strong trust in this brand, with Infineon's reputation receiving widespread acknowledgment from both new and existing clients. This robust brand standing serves as a critical competitive edge for Infineon in the marketplace.
Maple Yongming, as a premier outdoor lighting company, naturally seeks out top-tier suppliers. Infineon, being the largest outdoor LED driver brand supplier in China, boasts formidable R&D capabilities and stringent quality control processes, offering Maple Yongming advanced product solutions like intelligent LED driver power supplies. With years of international operations under its belt, Infineon has established numerous overseas branches and logistics bases, accumulating invaluable experience that can significantly aid Maple Yongming in expanding its global presence. Coupled with geographical advantages, the collaboration between these two entities appears inevitable.
Infineon emphasized that this contract represents a singular purchase agreement for their LED driver power supplies. Its signing underscores the growing recognition of Infineon's overall strength among its clients. Should this contract be executed smoothly, it will positively impact Infineon's business performance for 2017-2018, further enhancing their product influence and brand image within the Chinese market.
Huapu Yongming, a key player in the domestic LED industry, offers high-power outdoor LED lighting solutions. They were among the first in China to provide integrated design, R&D, and manufacturing services tailored to LED outdoor lighting end-users. Since its founding, Huapu Yongming has amassed an extensive network of downstream brand lighting firms, engineering companies, and EMC channel customers.
In recent years, as competition in the domestic LED industry has intensified, the demands on products and manufacturers for outdoor high-power lighting projects have escalated. Huapu Yongming's R&D system, manufacturing capabilities, and business models now stand out even more prominently.
Reports indicate that Huapu Yongming continuously develops new products based on market feedback, addressing gaps in the market and bolstering their competitive edge. Currently, their modular LED outdoor lighting products are already widely adopted in both domestic and international markets. Moving forward, Huapu Yongming plans to intensify efforts in developing new products and technologies.
Huapu Yongming anticipates that the execution of this contract will positively influence their operational outcomes, enhancing brand visibility and profitability.
[Image: Infineon Logo]
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