January 09, 2025

Dongguan LED broke into the Philippine market

Dongguan Qi Neng Optoelectronics Lighting Co., Ltd. (hereinafter referred to as Qi Neng Optoelectronics Co., Ltd.) recently signed a cooperation agreement with Quezon City, Philippines to provide 1 million LED light pipes and more than 1 million LED bulbs for public office space in the city. The order valued by the local government is about 30 million yuan, which has become another big step in the LED industry application field.

Luo Yizhi, managing director of Qi Neng Optoelectronics, said that in competition with many manufacturers such as South Korea and Japan, Qi Neng Optoelectronics stood out with its 95% power conversion efficiency and won this order, which opened up for deepening cooperation with the Philippines in the future. Good situation.

Luo Yizhi said that the company's LED production of high efficiency and energy saving, long life and other characteristics, so that Quezon City has recently confirmed the long-term cooperation with Qi Neng Optoelectronics.

In the expansion of overseas markets, in addition to penetration into developing markets, this year, Qi Neng Optoelectronics can not be ignored in the traditional European and American markets. According to reports, just after the Spring Festival, Chi Neng Optoelectronics has received orders for 1 million light pipes in Japan and 100,000 bulbs in the UK.

According to Luo Yizhi, according to the plan of Qi Neng Optoelectronics, 100 LED stores will be opened in major cities across the country this year, and the domestic indoor lighting market will be preempted through direct channels and agents.

LTC Miner

Litecoin (LTC) is a cryptocurrency created as a fork of Bitcoin in 2011. It uses a hashing algorithm called Scrypt that requires specifically designed mining software and hardware. It is minable, and continues to rank in the top cryptocurrencies for value and trading volume.

Litecoin mining is the process of validating transactions in the blockchain, closing the block, and opening a new one. Litecoin uses the proof-of-work consensus mechanism, which uses computational power to solve the nonce, which is part of the hash, that secures the block. The hash is the alphanumeric sequence of numbers that is encrypted by the hashing algorithm. When the nonce is solved, Litecoin is rewarded.

Litecoin mining became popular in 2011 when Charlie Lee, a software engineer at Google, announced its creation as a Bitcoin fork with modifications intended to help it scale more effectively.

Just like Bitcoin, it can be mined on computers using central processing units and graphics processing units. However, it isn't as profitable or competitive as purchasing an application-specific integrated circuit (ASIC) and joining a mining pool.

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