KH Philux Secures New Contract for Landscape Lighting at Lotte World Mall
[Asia Economy Reporter Hyungsoo Park] KH Group's lighting affiliate, KH Philux, has entered a new market.
KH Philux is expanding beyond its existing core areas of indoor, shopping mall, and shop display lighting to newly enter the landscape lighting and commercial (logistics and office) lighting markets.
In the first half of this year, KH Philux secured new contracts including the facade landscape lighting improvement project for Lotte World Mall's exterior and seven logistics centers for Hanyang Industrial Development.
KH Philux is responsible for supplying, installing, and constructing landscape floodlights and lighting control systems for the Lotte World Mall exterior facade landscape lighting improvement project. The construction is scheduled to be completed around November. Landscape lighting not only revitalizes the city at night but has recently been recognized as a means to prevent various crimes and accidents.
The Hanyang Industrial Development logistics center project will be completed by January next year using KH Philux's light-emitting diode (LED) floodlights, area lighting, and security lights.
KH Philux is also actively targeting overseas markets. Last year, KH Philux supplied LED lighting to the Louvre Museum in France and stores of luxury brands such as Hermes, Chanel, Louis Vuitton, Prada, and Burberry. Recently, it has developed three types of inductors, key components of electric vehicle batteries, expanding its business in the automotive electronics sector.
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Within KH Group, there are KOSPI-listed companies KH Philux and KH IHQ, KOSDAQ-listed companies KH Construction, KH Electronics, Jangwon Tech, as well as Alpensia Resort (KH Gangwon Development) and the Grand Hyatt Hotel Seoul.
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