Trade Resources Company News The FSP Group Supplies a Considerable Percentage of LED Lighting Power Supplies

The FSP Group Supplies a Considerable Percentage of LED Lighting Power Supplies

The FSP Group,reportedly the world's No.5 power supply vendor,said it supplies a considerable percentage of LED lighting power supplies installed in leading hotels,department stores and hypermarkets across Japan.The company's executives said Japan is suffering 10-15%power shortage in the wake of the March 11 earthquake and tsunami that destroyed a nuclear power plant,hence driving Japanese consumers to use energy-saving products as LED lamps.LED lighting power supplies account for 6-8%of FSP's revenue,according to the company,which branched out into the LED lighting power supply sector around four years ago by betting on a promising market.The company's earnings have ranged NT$2.62-3.5 per-share over the past 10 years,suggesting earnings stability.The company's first-quarter earnings came to NT$0.61 per-share,surging from NT$0.33 in the same quarter of last year.

Source: http://en.cnledw.com/nd8976.htm
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FSP Claims Sizable Share in Japanese LED Power Supply Market
Topics: Lighting