LED products to fill the needs of flat panel display

Due to the damand demand associated with the Chinese government`s plan to replace existing streetlights in major cities with led high bay light,some companies are setting up joint ventures with Chinese partners.

Moreover, some Chinese municipal governments are actively encouraging the development of the LED industry by subsidizing the MOCVD equipment needed for LED factories or directly investing in joint-venture LED producers.

On Oct. 4, Epistar`s board of directors decided to invest US$70 million in an LED joint venture with the China Electronics Corp. (CEC) in Xiamen to produce epitaxy, dies, LED lighting modules, and other LED products to fill the needs of flat panel display (FPD) factories, monitor producers, TV factories, and lighting plants. This is Epistar`s third LED joint venture in China,others are in Shandong and Jiangsu Province.

However, the lack of own brands is the major problem all the Taiwanese LED industry has to settle, according to LED Linear high bay light.Therefore, Taiwan may lose its second-place (after Japan) global ranking in terms of value to South Korea in 2010. But it will still retain its top ranking in terms of output volume.

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