China's electrical industry is stepping up innovation and gradually increases its global competitiveness.
 

China's electrical industry is stepping up innovation and gradually increases its global competitiveness

The entire Chinese electrical industry is actively and independently researching and developing key components and materials for power systems to effectively drive the transformation and modernization of the industry.

After years of development, China has become the largest country in the production of electrical and magnetic materials. Electrical products such as motors, wires and cables, as well as power supplies are being enhanced, with China benefiting from the advancement of the industrial environment, and is gradually becoming the world's largest and most advanced electrical appliance market.

Despite competition from abroad, China is striving to change from "electrical equipment manufacturer" to "electrical technology superpower".

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With the theme of “Industrial Internet + Innovation-Drive”, this annual meeting invited senior industry experts to conduct in-depth discussions on the development prospect of industrial Internet application trends, and the latest technological developments of low-voltage electrical appliances etc.

With the theme of “Industrial Internet + Innovation-Drive”, this annual meeting invited senior industry experts to conduct in-depth discussions on the development prospect of industrial Internet application trends, and the latest technological developments of low-voltage electrical appliances etc.

Well-known enterprises participating in this annual conference: Changshu Switch Manufacturing Co., Ltd., Shanghai Liangxin Electric Co., Ltd., Zhejiang Chint Electric 

Co., Ltd., Beijing People's Electric Plant Co., Ltd., Xiamen Hongfa Switch Co., Ltd. Jiangsu Daquan KFINE Electric Co., Ltd., Hangshen Group·Hangzhou Zhijiang Switch Co., Ltd., Suzhou Future Electric Co., Ltd., Jbang Group Co., Ltd., Fatai Electric (Jiangsu) Co., Ltd., just to name the best known.

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22
Jul

As researched by our correspondent, the 100 largest electrical installation companies in China have a turnover of 346,983,880 thousand Yuan (44,952,322,048 EUR).

As researched by our correspondent, the 100 largest electrical installation companies in China have a turnover of 346,983,880 thousand Yuan (44,952,322,048 EUR). Number 1 is the Henan Senyuan Group with 40,837,867 thousand Yuan (5,289,104 thousand EUR) followed by the China Xidian Group; No.3 is Zhejiang Zhengtai Electric, No.4 is Shanghai ABB Enginering.

If you want the complete list of the 100 companies; write us a short mail and we will send it to you free of charge. A service from electro-insider.
 

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09
Jul

A bidding consortium comprising Bain Capital and the Carlyle Group ...

A bidding consortium comprising Bain Capital and the Carlyle Group has submitted a legally binding transaction offer to the management board and the supervisory board of OSRAM Licht AG for the public takeover of all Osram shares.

Osram and the consortium have also signed an investor agreement that includes comprehensive commitments. Bain and Carlyle have assured that they will fully support the management team and work closely with the current board to drive the transformation of Osram forward. Osram will  continue after the takeover under the existing name. The company headquarters remain in Munich, and the rights to all patents remain with Osram.

As part of the public takeover offer, shareholders will be offered 35 EUR per share in cash. This corresponds to a premium of around 21% compared to the last closing price of the Osram share.

Olaf Berlien, the CEO of Osram, supports the offer.

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08
Jul

The Spanish purchasing association Grumelec, headquartered....

The Spanish purchasing association Grumelec, headquartered in Barcelona, was able to increase its sales by 7.5% in 2018. For this year they are aiming for 10% plus.

Grumelec has 35 electrical wholesalers with 56 branches.

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08
Jul

.The board of the ZVEI Association,....

The board of the ZVEI Association, department Cable and Insulated Wire, has confirmed Frederick Persson (Prysmian) as chairman. Ernst-Michael Hasse (Schwering & Hasse) was again elected Vice Chairman.

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07
Jul

As per the Spanish trade journal Material Electrico, in the first half of the year,....

As per the Spanish trade journal Material Electrico, in the first half of the year, 5459 electric cars were registered in the country; this corresponds to an increase of 131.3% compared to the previous year. The list is headed by Tesla, followed by Renault, Hyundai and Nissan.

This shows that the availability of quick-charging devices and a greater awareness of e-mobility is bearing fruit for citizens, businesses and administrations.

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06
Jul

Global leaders in the communications, lighting and appliance industries...

Global leaders in the communications, lighting and appliance industries have formed the Light- Communications-Alliance (LCA) to promote new wireless technologies in light communications.


Light communication compliment and enhances wireless 5G communication and other high-frequency technologies such as Wi-Fi. By using the larger available spectrum, light can be used to transport larger amounts of data faster and with greater security.


The LCA is an open, nonprofit association of members committed to promoting light communication technology with a consistent approach.


The LCA founding members are Nokia, Emirates Integrated Telecommunications Company (du), LEDVANCE, Liberty Global, Lucibel, Orange, pureLiFi, the LiFi Research and Development Center, Velmenni, Zero.1, CEA Leti and the Mines-Télécom Institute.


Light communication technologies include Light Fidelity (LiFi) and Optical Camera Communications (OCC), which have received increasing attention in recent years in various industries such as smart cities and homes, Industry 4.0, retail and tourism.


“Global Market Insights” forecasts that the LiFi market will reach 75 bn USD by 2025 (67 bn EUR).

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