Hongguang Lighting recently announced that Zhuhai Hongguang Semiconductor Co., Ltd. (hereinafter referred to as Zhuhai Hongguang), a wholly-owned subsidiary of the company, signed a three-year agreement with a subsidiary of an existing customer of the group on June 11, 2021. Strategic cooperation agreement.
Image source: Photo Gallery
According to Hongguang Lighting, the customer who signed the cooperation agreement this time is a listed semiconductor group, one of the leading companies in the local market. The company is engaged in the research and development of chips and LED products with patented technology that are applied to different solutions of various electronic products. The listed semiconductor group is also the world's leading innovator in LED and MiniLED products and technologies, using gallium nitride substrate technology.
According to the agreement, the two parties will establish a comprehensive cooperative relationship, covering areas such as research and development, business development, patent registration, customer service and productivity sharing (especially MiniLED and semiconductors). The specific cooperation content includes joint research and development activities related to technical solutions for mobile communications, television, automobiles, smart homes, traffic signals, and lighting.
It is reported that Hongguang Lighting is mainly engaged in the design, development, manufacturing, subcontracting services and sales of LED lamp beads, LED lighting products and fast battery charging products. The director of Hongguang Lighting believes that the signing of this strategic cooperation agreement will help the group further consolidate its existing business.
At the same time, according to the strategic cooperation agreement, Hongguang Lighting has the opportunity to cooperate with partners to develop various types of semiconductors (including LEDs) used in different electronic products. Hongguang Lighting will take this opportunity to increase the application of technology in the LED and semiconductor industries, and further expand the application fields, and establish a more comprehensive product portfolio to meet the needs of different customers. (Organized by LEDinside)
