October 24, 2024
Hikvision and NationStar Optoelectronics forge strategic partnership to advance the global LED industry ecosystem #IndustryFinance

Hikvision and NationStar Optoelectronics forge strategic partnership to advance the global LED industry ecosystem #IndustryFinance

CashNews.co

HANGZHOU, China, Oct. 23, 2024 /PRNewswire/ — Hangzhou Hikvision Digital Technology Co., Ltd. (“Hikvision”) and Foshan NationStar Optoelectronics Co., Ltd. (“NationStar Optoelectronics”) have formed a strategic partnership aimed at advancing the global LED industry ecosystem. The signing ceremony, held on September 24 in Foshan, Guangdongmarks an important milestone in the collaboration between these two leading technology innovators.

Hikvision and NationStar Optoelectronics forge strategic partnership to advance the global LED industry ecosystem
Hikvision and NationStar Optoelectronics forge strategic partnership to advance the global LED industry ecosystem

The LED industry is rapidly evolving with the integration of big data, cloud computing, artificial intelligence, and the Internet of Things. These advancements have significantly enhanced LED display performance and transformed their design, manufacturing, and application processes. Recognizing these opportunities, Hikvision and NationStar Optoelectronics are combining their strengths to drive technological innovation and expand their presence in the global market through this strategic alliance.

Hikvision has consistently focused on technological advancements to meet the evolving demands of the market. Specializing in high-definition and fine-pitch LED display products, Hikvision operates two major manufacturing bases. These advanced facilities bolster Hikvision’s in-house research and production capabilities, ensuring the delivery of high-quality products with excellent efficiency to customers around the world.

NationStar Optoelectronics, established in 1969, is a pioneer in the LED sector, renowned for its extensive expertise and cutting-edge solutions in LED packaging and module production. With a steadfast commitment to research and development, NationStar delivers high-quality LED components and systems tailored to a diverse range of applications worldwide.

Liu Zhengdong, President of NationStar Optoelectronics, emphasized the partnership’s importance, expressing, “As Hikvision continues to expand its LED business, our collaboration has grown progressively stronger. By leveraging our expertise in RGB products, we aim to develop superior LED solutions that enhance our brand presence and expand our global distribution channels, thereby increasing our competitiveness in the international market.”

Qin KuaiGeneral Manager of NationStar Optoelectronics’ RGB Business Unit, added, “Hikvision’s ability to rapidly develop innovative products and achieve strong market reception provides a solid foundation for our joint efforts in product development and market expansion. Their robust R&D capabilities and market influence are invaluable assets for our future cooperation.”

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