China has been a major force in the diving sport

According to the introduction from Taiwan-based LED manufacturers, Japan-based Nichia is the world's largest supplier of High Brightness LED, and it has occupied a leading market status in EMC-based LED chip packaging industry, but some LED packaging enterprises from Taiwan, China and South Korea have been competing for orders from LED lighting vendors, so that Nichia is expected to lose 20% of its orders in the second half of this year.

In view of fast increasing demand for LED lighting, Taiwan-based Everlight Electronics and Lextar, China-based Refound Optoelectronics as well as South Korea-based Samsung Electronics and Seoul Semiconductor are poised to compete for orders for packaging LED chips used in LED lighting. The sources stated that although the prices Nichia quoted have reduced to US$0.15-0.16/W, competitors from Taiwan and China have offered 20% cheaper prices than Nichia's.

Diving has been a deeply loved sport by the people of all countries, while China has been a major force in the diving sport. The China-based NVC is one of world's leading LED lighting brands, and has supported the development of world diving for a long time. We are glad to establish the cooperative relationship with NVC. Currently, the NVC already has some influence in the world, with enough strength competing against other international brands. I believe that, due to the extensive global impact and significance of diving sport, NVC can enhance brand awareness across the world, so it will be a win-win cooperation.”

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