2017 marked a pivotal year for implementing China's 13th Five-Year Plan and a crucial period for the development of new smart cities. According to the "13th Five-Year National Informationization Plan," approved by the State Council executive meeting, China aims to classify and construct 100 model smart cities by 2018, with significant achievements expected in smart city construction by 2020. This includes universalæƒ æ°‘services, transparent and efficient online governance, integrated and innovative information economies, precise urban management, and secure and reliable operational systems. As the nation pushes forward with smart city initiatives, the market outlook for smart cities appears highly promising. The lighting system forms an essential part of urban infrastructure. The transition to smart cities cannot happen without advancements in smart city lighting. Currently, cities nationwide are speeding up the transformation of traditional streetlights into intelligent streetlights, driving the adoption of smart street lighting solutions. Facing a trillion-dollar market opportunity, both domestic and international companies like Feile Audio (600651), Shanghai Sansi, NVC Lighting, and GE have entered the smart city sector to capture market share. However, Philips Lighting stands out as a leader in smart city construction within the lighting industry. Philips Lighting has numerous success stories globally. Whether it's the city-wide road lighting upgrade in Jakarta, Indonesia, or the smart connected road lighting pilot project in Los Angeles, we see the continuous evolution of Philips Lighting's smart connected lighting systems, fundamentally transforming how cities operate. With urban populations growing rapidly, it’s projected that by 2030, the global urban population will make up 60% of the total population. Philips Lighting has envisioned a future where lighting and IoT services are central to smart cities, offering people-centric lighting products, systems, and services. In China, Philips Lighting is equally committed to contributing to the development of smart cities. “China is one of the fastest-growing countries in the world. By 2030, China’s urban population is expected to reach 1 billion, with an urbanization rate of 70%. The Chinese government is actively seeking a more sustainable urbanization process,†said Hong Guangli, CEO of Philips Lighting. “We are dedicated to providing lighting solutions tailored to the Chinese market through local innovation, enhancing user experiences, and helping China achieve sustainable urbanization through smart cities, sustainable office spaces, and smart connected home lighting.†Media Reports Highlight Allegations Against Sanan Optoelectronics According to China Economic Net, Wang Sanyun, recently dismissed as the Secretary of the Gansu Provincial Party Committee, was implicated in illegal activities while serving as Anhui Governor. Data shows that from 2009 to 2016, Sanan Optoelectronics received 3.395 billion yuan in government subsidies, according to its annual reports. Public reports suggest that almost all the streetlights purchased by Sanan Optoelectronics were bought from Cinda Optoelectronics and then resold to the government at triple the market price. Many of these contracts bypassed the procurement bidding process, raising legal concerns. In January 2010, Sanan Optoelectronics signed a contract for the Wuhu Optoelectronics Industrialization Project in Hefei. Since 2010, Sanan Optoelectronics has reportedly received a total of 2.65 billion yuan in streetlight orders from Wuhu, Huainan, Quanzhou, and Anxi governments. Shockingly, Sanan Optoelectronics' LED streetlights are outsourced rather than produced in-house as they claim. Prices charged by Sanan Optoelectronics to local governments are significantly higher than market rates, particularly in Quanzhou and Anxi, where prices are over three times the market value. The magazine suggests that Sanan Optoelectronics acts as a middleman in the LED streetlight business, contributing nearly half of its main profits in 2011. Additionally, the contracts signed with local governments raise questions regarding legality and proper implementation. April LED Filament Lamp Exports Reach $5.25 Million According to GGII's "2017 China LED Filament Lamp Export Monthly Monitoring Report," in April 2017, China's LED filament lamp exports totaled $5.25 million, with approximately 3.41 million units exported. Data from GGII's monitoring report shows that in April 2017, 93% of China's LED filament lamp exports went to the top ten destinations, with exports to the U.S. accounting for 37%. According to GGII's report, the top ten Chinese enterprises exporting LED filament lamps accounted for 95% of the total exports in April 2017. Among them, Zhejiang Kaiyao accounted for $2.97 million in exports, representing 57%, while Hangzhou Zhete Electronics exported $1.52 million, making up 29%. This highlights the concentration of LED filament lamp exports among a few major players. April LED Lighting Exports Surge 45% Year-over-Year Based on GGII's "2016-2017 China LED Lighting Export Monthly Monitoring Report," in April 2017, China's LED lighting exports reached $1.81 billion, a 45% increase year-over-year, with exports totaling 1.37 billion units, up 27%. The top 20 destinations accounted for 75% of China's LED lighting exports in April 2017, with exports to the U.S. comprising 26%. The top 20 Chinese LED lighting exporters accounted for 16% of the total exports in April 2017. Notably, Zhongpusen Technology (Zhuzhou) Co., Ltd. has seen significant growth in export shares since 2017, with an average monthly increase of 35%. Taiwanese Manufacturers Accelerate Micro LED Patent Strategy Taiwanese manufacturers are keenly positioning themselves to capitalize on the future commercial success of Micro LED (micro-light-emitting diodes). Industry experts are optimistic, with early investments in key components like PCBs and accelerated patent strategies set to drive innovations in smart home and 8K display applications. Observers note that Micro LED applications extend beyond mobile phones, with strong demand for innovative smart home devices and high-definition displays. Key challenges include reducing production costs and speeding up commercialization. Besides Apple, Samsung, and Sony, Foxconn is actively building the 8K ecosystem to boost profitability. Foxconn and Sharp's joint investment in next-generation display technology Micro LED opens up exciting possibilities for patents and applications. Looking back, US startup eLux has mastered Micro LED technology. In late May, Foxconn and Sharp invested in the company, with CyberNet, a Foxconn subsidiary, planning to invest $10 million by the end of October. While Sharp holds key patent technologies for Micro LED, commercialization has been delayed due to potential growth and application opportunities in the next three to five years. Guoxing Optoelectronics Invests in Equipment to Support Expansion On the evening of (11), Guoxing Optoelectronics announced approval of the "Proposal on the Company's Purchase of Production Equipment" at its sixth meeting of the fourth board of directors. According to the announcement, Guoxing Optoelectronics plans to purchase production equipment for its expansion project, with a total cost of RMB 44.496 million. This will help meet the growing demand for packaged devices, expand product scale, and solidify its leading position in domestic LED packaging. This move aims to strengthen the domestic market and capture overseas market share, enhancing overall competitiveness and ensuring sustained profit growth. In 2017, the industry showed positive trends. The LED general lighting market offers vast opportunities. Guoxing Optoelectronics continues to pursue high-end white light packaging, targeting the top 10 domestic lighting manufacturers. Meanwhile, the explosion in small-pitch LED display technology has spurred new display applications, with Guoxing Optoelectronics capitalizing on this trend. General Dry Herb Vaporizers,Professional Desktop Evaporator,Low Budget Concentrate Vaporiser,Compact Concentrate Vaporiser END GAME LABS , https://www.eglvape.com