MIC Electronics today said it has partnered with South Korean consumer electronics giant LG's affiliate firm LG Innotek to jointly develop highly energy efficient LED Lighting products.
"MIC Electronics Ltd and LG Innotek reached an agreement to jointly develop highly energy efficient LED Lighting products using the components manufactured by LG Innotek," MIC Electronics said in a BSE filing.
The company plans to launch these products by March this year, it added.
"Considering the extensive experience of MIC in the LED product technologies and its established brand image, LG Innotek gave its consent to MIC focusing its LG Innotek Brand name on all the LED Lighting products manufactured by MIC using the components manufactured by LG Innotek," the filing said.
