Depp Technology launches low-cost, high-margin LED lighting products by the end of the year

Recently, Depu Technology said it plans to launch IC (integrated circuit)-driven LED lighting products in Hong Kong by the end of the year, and estimated that the cost of the product will be lower than one-third of the average LED products, and the gross profit margin is higher than that of ordinary products. % reached 45%.

Depu Technology said that the technology has applied for a number of patents, and the Group will continue to focus on the development of LED business in the future, and expects that the business revenue of the business will account for more than 50% of the total turnover for the whole year.

In addition, the group signed a 16-year public service maintenance service tender with Tarancon, Spain. Depp Technology expects to recover costs in about two years, with an annual return of over 50%.

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