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we are declining less than the market. Instead we are increasing our market share, so it’s still quite a sizable
上海龙凤419女神会所business for us. We are keeping our profitability high and the cash flow is still good. The other businesses are growing in a co
mplicated market because the Chinese economy is not (growing) the same as before, and neither is Europe. The rest of t
he growth engines have grown in both sales and profits. It proves their contribution to profits.上海龙凤419女神会所
What’s your take on the current global economic uncertainty especially in US-China trade? How will this affect your company’s business?
上海龙凤419女神会所The world has become a much more complex place to do business. Although the trade friction hasn’t had a real impact on us
yet, we have of course paid attention to the two big superpowers in the world that not only have an impact on bila
teral relationships, but also worldwide. We believe in free markets, and global market uncertainty is det上海龙凤419女神会所
rimental to business activities. We think the world is global, technology is global, and knowledge is global. We will cont
i上海龙凤419女神会所nue to invest quite a lot worldwide, and of course in China. We have made two acquisitions, LiteMagic and WiZ. We con
tinue to invest here because we believe in the potential of the Chinese economy.
You had a big presence during last year’s CIIE. What about this year?上海龙凤419
We plan to make our exhibition space 50 percent bigger at about 300 square meters. Meanwhile, we wil
上海龙凤419女神会所l showcase our latest innovations, including Li-Fi to Li-Fi Generation 2, Zigbee based Hue, Wi-Fi-based
WiZ, horticulture lighting, animal lighting, 3D printing and other new applications.
Last time we talked about Li-Fia two-way, high-speed wireless technology similar to Wi-Fi, which uses light waves instead of radi
o waves to transmit data. Signify’s Li-Fi products could provide a broadband internet connection through light waves wi
thout compromising lighting quality. But it was the beginning of it. Now we can say that we have four pilots in China for Li-Fi – one
with the China Academy of Building Research, where they’re testing and improving the capacity of that technology. So, we’ve moved from prese
nting the technology to application, finding customers and developing pilots. So this is the big change from last time.
Do you have any plans especially in the Yangtze River Delta region?
We don’t only look at our investment from a geographic perspective. We have invested in research and development and China is ho
me to the second biggest R&D center that we have. We develop not only for China but also for the world. It’s mostly in
Shanghai but also in Shenzhen. With that company, we are “potentializing” it, which is increasing sales in China, but
also helping the products that company has worldwide. We believe in investment, and we’re going to invest more.