M'sian firms rake in RM37.1 mln sales at Bangkok LED Expo

M'sian firms rake in RM37.1 mln sales at Bangkok LED Expo. -Facebook/LED Expo Thailand

KUALA LUMPUR: Malaysian light-emitting diode (LED) products and solutions raked in sales of RM37.1 million from Thai buyers at the LED Expo Thailand 2015.

A Specialised Marketing Mission (SMM) spearheaded by MATRADE was in Bangkok for three days from May 20 in conjunction with the expo.

Malaysia External Trade Development Corporation (MATRADE) Bangkok Trade Commissioner Niqman Rafaee Mohd Sahar said the LED lighting penetration rate in the Thailand market has reached an estimated 10 to 15 percent.

Thirteen Malaysian companies took part in the Specialised Marketing Mission (SMM) spearheaded by MATRADE in Bangkok. -Photo: Facebook/LED Expo Thailand

"The LED market share for Thailand is expected to reach 70 per cent by 2020," he said in a statement issued here today.

Thirteen Malaysian companies participated in the SMM, while seven other Malaysian firms took part as individual exhibitors at the expo, where 208 business meetings arranged for Malaysian companies with Thai government officials, traders, distributors, manufacturers and top retailers. 

- Source: Bernama