As part of its ongoing commitment to and expansion in Shanghai, Signify has upgraded its China offices there to serve as its Asia Pacific headquarters.

Multinational firms are seizing investment possibilities to improve innovation and increase capacity in their Shanghai factories and research and development centers as local advanced manufacturing develops quickly.

R&D is being prioritized more and more, therefore Signify established the second-largest internal R&D center in the world in Shanghai, which handles about 90% of the company's global R&D duties.