Buynow to adopt LED lighting devices from Chicony Power

Taiwan-based power supply maker Chicony Power Technology, a wholly owned subsidiary of Chicony Electronics, started shipping LED lighting device in November to Clevo's China retail subsidiary Buynow for adopting into its shopping malls as well as Clevo's partially invested Chicony department stores.

In the future, Chicony Power will mainly push its LED lighting products in China market, focusing on both consumer and enterprise market.

In addition to LED lighting products, Chicony Power also has power supply orders from US-based game console vendors and is currently contributing 36% of the Chicony Group's revenues with chance to be listed on Taiwan Stock Exchange TSE within the next 1-2 years.