output expected to fall from US$4.67 billion to $4.59 billion
San Francisco, CA -- (SBWIRE) -- 09/11/2012 -- The Taiwan Lighting Industry recently declared five new rules pertaining to the usage of smart lights. This was done in hope that the LED industry will become competitive internationally and also increase the minimum standards held within the market.
These five intelligent steps have been supported by various top lighting companies in Taiwan and also by two state run organizations. The government organizations that have endorsed these steps are namely the Institute for Information Industry and the Industrial Technology Research Institute.
Broadly, these steps cover certain rules regarding designing, specifications, networking and systematic functioning as well. This will hopefully lead to a certain degree of unity amongst all the light suppliers in Taiwan. This is the thought process behind the creation of these steps, according to focusTaiwan.tw.
Gary Tsai, who is a research associate in this project said: “Taiwanese companies should work hard on maintaining the quality of the lighting services provided because this will help the industry to thrive internationally.”
Not only are LED companies looking forward to creating a new line of products in compliance with the five steps, but the government could also use these to base its operations in the lighting industry.
The total output and its value in monetary terms are highly distorted within the industry, but the presence of these guidelines might lead to some integration. Tsai stated: “In terms of volume our lighting industry is comparable to the products produced by Japan and even South Korea. But problems become evident when the financial value of the final good is observed.”
This year, the industry output is expected to fall from US$4.67 billion to US$4.59 billion. On the other hand, South Korea’s total output in lighting has increased by 4.6% from last year. The same applied to Japan, where its total output rose by 12%. These five steps might mean success in the future for Taiwan as well.
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