GSR Capital Invests US $1B in LED Lighting Industry
2016-04-20 Post By: Longmangroup
GSR Capital has extensive experience in investments within the entire value chain of LED lighting. As the industry is shifting from conventional lighting to LED technology, and the global manufacturing value chain has consolidated, several world leading lighting businesses, including Philips Lighting and Osram Lighting, have recently been put on the market for sale. "These types of buyout deal are a rare opportunity for China's solid state lighting industry, to not only accelerate its globalization process, but also to improve its R&D and manufacturing capabilities, " said Baiyu Guan, General Secretary of China LED Industry and Application Association.GSR Capital is a leading participant in these buyout deals. GSR Capital's team has deep domain knowledge of the LED lighting industry in China and around the world. With the formation of the new cornerstone fund and through the acquisition of LED lighting assets, GSR Capital is confident that it will build world-class LED enterprises with its partners capable of transforming and reshaping the lighting industry. "To align with the supply-side reform strategy in China, it is important for China enterprises to invest in R&D, improve IP positions, build reputable brands, and set up stable global channels, " remarked Sonny Wu, Founder and Managing Director of GSR Capital. "
From:http://www.ledinside.com/news/2016/4/gsr_capital_invests_usd_1b_in_led_lighting_industry
More about us : led stage lighting , wall washer