Firms vying for LED market

A growing number of domestic and overseas lighting manufacturers are turning to smart solutions like light-emitting diode products to sustain growth in China's rapidly growing lighting market, the top executive of a global lighting major said.

"LEDs are increasingly being used for commercial and home purposes in China and this has ensured sustained business growth for companies. However, the industry will soon have to brace for changes, as smart lighting solutions that can be integrated with the Internet will drive demand in the future, said Eric Rondolat, chief executive officer of Philips Lighting.

"We are leading the way for a lighting market that will depend on smart Internet solutions for business growth," Rondolat said.