Twelve kinds profit model of LED industry
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Twelve kinds profit model of LED industry

FROM:LondeedP:5Time:2015-08-28 18:34:54


“Robust LED sales, driven by increasing demand for our products, which, coupled with our continued improvements in manufacturing cost efficiency, drove significant gross margin improvement. This quarter’s performance clearly validates our multi-year efforts to re-position the business for the secular shift to LED lighting that is taking place,” said John Scribante, Chief Executive Officer. “As we move forward, we are committed to executing on our three initiatives for 2016 including growing LED revenues, driving innovation and improving gross and operating margins.