On March 1st, 2016, Samsung, the world’s second largest semiconductor supplier, signed a comprehensive strategic partnership MOU with Shanghai Wellmax Lighting Industry (WELLMAX) at Samsung Electronics’ Shanghai head office. The MOU identifies WELLMAX as Samsung Electronics’ first ingredient brand global partner together with top brands like GE and The Home Depot. WELLMAX is the first and so far the only company that receives Samsung’s ingredient brand authorization in China.
As a world-class electronic company, Samsung Electronics owns the world’s largest number of semiconductor patent technology. The Senior Vice President of Samsung Electronics China, Tang, Guoqing, remarked: “As the leading brand of China lighting industry in the overseas market, WELLMAX has achieved great success in LED product development. WELLMAX emphasizes brand identity and brand value, which highly coincides with Samsung’s beliefs. We are very pleased to have WELLMAX as the first Chinese brand partner and we will firmly support WELLMAX in pursuing product R&D and building brand recognition on the global market. ”
The Founder and CEO of WELLMAX, Wang, Yamin remarked on the signing ceremony: “WELLMAX as the LED Bulb Expert devotes to provide high quality LED bulbs to our global clients. We have more than 200 clients and partners across 58 countries. Being in the industry for 30 years, we deeply understand and value the importance of sustainable development through building a credible brand. The partnership between us and Samsung Electronics will further enhance WELLMAX’s brand value, allowing us to take a leap forward on product and services, and strengthening our positioning as the LED Bulb Expert.”
In 2016, WELLMAX is poised to incorporate Samsung LED chips in all WELLMAX LED bulb products.
Samsung Electronics China SVP Tang, Guoqing and WELLMAX CEO Wang, Yamin Signing The Strategic Partnership MOU At Samsung Shanghai Headquarter
Samsung Electronics Asia Pacific Sales Director Tony Yoo, Samsung China Senior Manager Brandon Lee, WELLMAX CEO Wang, Yamin and Team After The Signing Ceremony