On the evening of September 1st, Infineon Technologies made a significant announcement regarding a major contract signed between its wholly-owned subsidiary, Zhejiang Yingfei Special Optoelectronics Co., Ltd., and Hangzhou Maple Yongming Optoelectronics Co., Ltd. This contract, dated September 1, 2017, involves the purchase of LED driver power supplies. The original contract was duly acquired, marking a substantial milestone for both entities.
According to the official statement, Maple Yongming procured 900,000 LED outdoor power supplies from Infineon at a total purchase value of 105 million yuan. Infineon specializes in the research, development, production, sales, and technical service of LED driver power supplies. Its primary product, the LED driver power supply, plays a crucial role in LED lighting systems. These power supplies convert external primary energy into the secondary energy required by LEDs, making them indispensable for various lighting applications. Their applications span a wide range, including outdoor LED functional lighting like streetlights, tunnel lights, and high-pole lights. They are also utilized in floodlights and wall washers for landscape illumination, as well as indoor LED lighting such as industrial and mining lamps, panel lights, strip lights, spotlights, downlights, and ceiling lights.
Infineon’s LED driver power supplies are renowned for their high-quality standards and proprietary knowledge. The company boasts industry-leading features such as built-in 10KV patented lightning protection, programmable output current adjustment, comprehensive dimming functions, superior waterproofing capabilities, and a comprehensive product lineup. These attributes make Infineon a trusted provider of advanced solutions for outdoor lighting manufacturers. Over the last decade, Infineon has consistently invested in research and development, resulting in a robust portfolio of LED driver power supplies with independent intellectual property rights. This enables domestic enterprises to compete effectively on the global stage. Infineon remains committed to its mission of delivering high-quality, innovative products and services to its clients.
The Infinex brand has achieved notable recognition, earning titles such as "Zhejiang Famous Trademark" and "China's LED Industry's Most Competitive Brand." The LED driver power supplies produced under this brand have been designated as "Zhejiang Famous Brand Products," receiving accolades like the "China Power Supply Society Science and Technology First Prize" and "China LED First Prize." With its products distributed across more than 50 countries and regions worldwide, including China, North America, Europe, Japan, South Korea, South America, and Southeast Asia, Infineon enjoys a stellar reputation both domestically and internationally.
Currently, downstream customers have developed a strong confidence in the reliability and credibility of the Infinex brand. The company's solid brand reputation has garnered widespread acceptance from existing and prospective clients, providing Infineon with a distinct competitive edge.
As a premier outdoor lighting company, Maple Yongming inevitably seeks out top-tier suppliers. Infineon, being the largest Chinese manufacturer of outdoor LED driver power supplies, possesses formidable R&D capabilities and stringent quality control processes. This makes Infineon an ideal partner for Maple Yongming, offering cutting-edge product solutions such as intelligent LED driver power supplies. With years of global expansion under its belt, Infineon operates numerous overseas branches and logistics hubs, accumulating invaluable experience that supports Maple Yongming’s international market growth. Additionally, the geographical proximity between the two firms facilitates deeper collaboration.
Infineon emphasized that this contract represents a single transaction involving the purchase of LED driver power supplies. Its signing signifies increased client acknowledgment of the company’s overall capabilities. If executed successfully, this contract could positively impact Infineon’s business performance for 2017-2018, bolstering its market presence and brand image within China.
Maple Yongming serves as a prominent provider of outdoor high-power LED lighting solutions in the domestic market. It is among the earliest companies in China to deliver comprehensive integrated solutions encompassing design, R&D, and manufacturing for LED outdoor lighting end-users. Since its inception, Maple Yongming has amassed extensive downstream resources, including brand lighting companies, engineering firms, and EMC channel clients.
In recent years, intensifying competition within the domestic LED sector has heightened demands for product quality and manufacturer standards. Maple Yongming’s integrated R&D framework, manufacturing prowess, and business strategies have become increasingly advantageous. The company continuously develops new products to meet market needs, closing gaps and significantly enhancing its competitive edge. Currently, Maple Yongming’s modular LED outdoor lighting solutions find application across domestic and international markets. Moving forward, the company plans to intensify its focus on research and development of innovative products and technologies.
Maple Yongming anticipates that fulfilling this contract will yield favorable outcomes for its operational results. This collaboration is expected to amplify the company’s brand influence while improving profitability.
[Attached Image: A promotional logo for Infineon Technologies]
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