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If Toshiba intends to close a lighting factory, will Japan's LED lighting market reach its top?

Sep 18, 2018

Toshiba Lighting & Technology, a Toshiba Lighting & Technology subsidiary, announced Thursday that in order to improve production efficiency, the factory that produces LED lighting will close at the end of March 2019 and will concentrate production on the Lumar plant, which is expected to expand production in order to produce current products at the Lumar plant. Produce space.

As of September 1, 2018, the number of employees in the Numazu factory was 235, and the deer marsh factory was 367.

The Nikkei News reported that LED has the advantage of saving electricity, compared with fluorescent lamps, but price competition is intensifying. In Japan's domestic lighting market, although LED lighting continues to show growth, but the market is expected to peak in 2020, and Panasonic, Hitachi Appliances and other domestic LED lighting manufacturers in Japan and China, Taiwan and other overseas manufacturers increasingly fierce competition.

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