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

On the 14 day, the press release of Toshiba Lighting & Technology, a subsidiary of Toshiba's lighting products, announced that in order to improve production efficiency, the Numazu factory for producing LED lighting will be closed by the end of March 2019, and the production will be concentrated in the deer marsh factory. The deer marsh plant is expected to expand its production in order to produce the items currently produced in Numazu factories. Production 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, LED lighting continues to grow, but the estimated market will reach its peak in 2020. Competition among Japanese domestic LED lighting factories such as Panasonic, Hitachi Appliances and overseas manufacturers such as mainland China and Taiwan will become increasingly fierce.

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