GEORGE TOWN: IQ Group Holdings Bhd expects Japan to be a key market for its Lumiqs brand in three years, generating an estimated annual revenue of US$12mil.

Group chief executive officer Daniel Beasley told StarBiz that Japan is a strong market for the Lumiqs brand, as it has about 20 customers in the country.

“The product that they are buying is our intelligent LED highbay lighting system, which was released into the market three years ago. The product is for use in commercial premises,” he said.

IQ has either sales offices or partners distributing the product in Singapore, Indonesia, Philippines, Malaysia and the United Kingdom.

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