“Market uncertainties” are corporates top concern when entering any new market. Local regulations, cash flows and logistics are all essential information foreign companies need to acquire.

Intensified market competition in the Chinese market caused local manufacturers to turn their attention to emerging oversea markets. Russia has become a dark horse in China’s LED industry, quickly ascending to second largest export market status in less than one year. In 2013, the country could not even be found among China’s top five LED export markets.