Look forward 4Q, it is expected that shipment will keep flat growth. The revenues will be down 15% sequentially.
Currently, Russia imports 98 % of its LED lighting, but this situation will change. State funding and investment from private companies is setting up a domestic LED infrastructure and companies all over Russia dedicated to LED lighting technologies are emerging.
In March 2010, the Russian state announced that the transition from incandescent bulbs to energy-efficient lighting devices would not take place by implementing energy-efficient saving lamps (CFLs), but by converting to LEDs directly. Also, the State has decided to introduce new standards for LED lighting technologies.
Meanwhile, capital investors were helping to establish a domestic Russian LED production capability. Russia’s biggest companies, such as Russian Railways Corporation and Gazprom, were among the largest consumers of LED technology.
Recently, the St. Petersburg-based company CJSC Optogan placed an order with Aixtron for two MOCVD systems for GaN-based LED growth. Also, the company appointed Markus Zeiler who is a former Osram employee, to oversee the expansion of Optogan on a global scale.
Currently, Russia imports 98 % of its LED lighting, but this situation will change. State funding and investment from private companies is setting up a domestic LED infrastructure and companies all over Russia dedicated to LED lighting technologies are emerging.
In March 2010, the Russian state announced that the transition from incandescent bulbs to energy-efficient lighting devices would not take place by implementing energy-efficient saving lamps (CFLs), but by converting to LEDs directly. Also, the State has decided to introduce new standards for LED lighting technologies.
Meanwhile, capital investors were helping to establish a domestic Russian LED production capability. Russia’s biggest companies, such as Russian Railways Corporation and Gazprom, were among the largest consumers of LED technology.
Recently, the St. Petersburg-based company CJSC Optogan placed an order with Aixtron for two MOCVD systems for GaN-based LED growth. Also, the company appointed Markus Zeiler who is a former Osram employee, to oversee the expansion of Optogan on a global scale.
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