Catalan leader of LED bulbs moves factory back from China

From http://www.viaempresa.cat/ca/notices/2014/01/el-lider-catala-dels-leds-4281.php (in Catalan)

Founded in 2010, Led Tech Ibérica is a Catalan company that is currently working in five countries and that this year is expected to reach 1 million € in total sales. Led Tech Ibérica is the only company in Europe that guarantees the production of the chips, the main part of the LED bulbs, and now is investing 100,000 euros to move their factory back from China to Golmés (Lleida province) during the present year 2014.

According to Led Tech Ibérica's manager Robert Bonet, "opposite to what happens in other economic environments, in China the companies that produce LED are closing and moving to other countries". Until now, the company has worked with providers from Taiwan, Japan, United States and South Korea, but never from China, because of the uncertainty caused by the closing of the Chinese companies of this sector. Robert Bonet also states that a "qualified worker in China is more expensive and less productive than in Europe" and he also is convinced that franchising is the best option for his company because "it allows us to control the whole chain, from production to distribution and sales; moreover, it also helps to have a slower growth".

Each of the bulbs installed by Led Tech Ibérica has a price between 20 and 25 euros, which is considered as competitive by Robert Bonet, "because it gives the possibility to offer a lasting product, with a low consumption and with a real guarantee of 3 years. The choice of many companies is to buy cheap materials in China, but this also reduces the quality of the product. We are gaining market with the replacement of LED bulbs".