China Solid State Lighting Alliance (CSA) has signed a strategic cooperative framework agreement with a Hungarian solar company. This enables the Hungarian company to enter the Chinese market via CSA and for Chinese companies to have the opportunity to develop their business in the Eastern European market.
The agreement states that CSA application promotion center will act as a sales channel for LED products for the Hungarian company. Services that are provided through the agreement include cooperating technology support, a credit system, authorization, and more. These services are to assist upstanding domestic companies expand their businesses into the Eastern European market." CSA Application Promotion Center president Ji Hongxu said.
Supply is high than demand in China, so one strategy to combat this has been to go through international markets.
