Samsung Electronics General Manager Mr.Tang shook hands with Wellmax CEO Mr. Wang during his visit to Wellmax on Monday. The two companies made constructive conversation regarding the strategic cooperation in 2016. Wellmax's LED bulb product lines will adopt Samsung's newest LED chips starting in the first quarter of 2016.
Since 2015, the Korean electronics giant has been strategically re-positioning itself into the LED component market by taking advantage of its existing LED and component businesses. To leverage the strong China LED manufacture market, Samsung needs a strong partner, and they found Wellmax. Wellmax's professionalism, rich experience in the lighting industry and business values aligns with Samsung's vision. The two companies will further collaborate on product R&D and branding in 2016.