Skip to main content

We need to get more capacity in this facility

Going forward, its Asian contributions should increase to 75 per cent of its global business from 65 per cent currently.Arthur Zafiropaulo disclosed that  they have not started shipping anything out of this facility and they are increasing our space by 30 percent because they are looking forward to growing faster in the engineering and R&D area.It’s said that China contributes 46 per cent of global LED sales, which is expected to hit US$18.4 billion by 2014.

Therefore Mr Zafiropaulo added that  " Demand for high-brightness LED Linear high bay light, specifically in China, has been overwhelming for us. We need to get more capacity in this facility, based on the China interest level."

"We expect to transfer all our lithography from California to here by the end of the year. And so we expect that will be the major part of our sales in this certain market."

Walsin Lihwa , supplier of electrical wires and cables from Taiwan, has officially starting its US$200 million LED-production project in its LED venture in Xian of mainland China, to tap into mainland China`s led high bay light market.Reportedly, it will start tooling the venture by the end of 2010 and begin mass production in the first half of 2011.

The venture will produce LED chips and modules for mainland Chinese manufacturers involved in the mainland`s ambitious “Ten Thousand Lights in Ten Cities”.

Comments

Popular posts from this blog

We expect global sales to be about 60 percent of YAHAM going forward

Rice has served customers, built partnerships and done deals around the world for more than 20 years.He will be responsible for all non-U.S. markets with particular emphasis on high-growth markets such as China, India, the Middle East and Brazil where he will accelerate LED Linear high bay light efforts to meet customer needs with GE’s leading technology and services. In many of these markets, this includes GE’s “company to country” growth strategy in which GE works directly with governments to meet local needs. According to GE Chairman and CEO Jeff Immelt, “We expect global sales to be about 60 percent of GE going forward. Our global growth has expanded by about 15 percent a year for most of the past decade and we expect it to continue in the future,” Rice will oversee 12 integrated local organizations that will include business development, commercial teams, finance, led high bay light controllership and legal. This will include China, India, Southeast Asia, Latin/South America,...

The specialty crop industry plays an enormously important part in American agriculture

The USDA Specialty Crops Research Initiative Award will include $2.44 million from the USDA and an equal amount of in-kind contributions of equipment and services from industry partners. The project is titled "Developing LED Linear high bay light Technology and Practices for Sustainable Specialty-Crop Production." Merrigan pointed out that” The specialty crop industry plays an enormously important part in American agriculture and is valued at approximately $50 billion every year. These projects will be key to providing specialty crop producers with the information and tools they need to successfully grow, process, and market safe and high-quality products." In the process of the project, Mitchell will test led high bay light on high-wire tomatoes. He believes that using LED lights on the sides of plants will increase photosynthesis and flowering, improving yield. Roberto Lopez, an assistant professor of horticulture, will work with about 20 species of bedding pla...

the color always varies even if the products are produced in the same lot

PowerSecure’s plan to exercise its option to increase its ownership of EfficientLights from 67% to 100% recognizes the highly successful results EfficientLights has posted to date, its strong backlog of orders for 2010, and its strong prospects for future growth. The transaction is expected to be accretive, and will involve the issuance of PowerSecure common shares in exchange for the remaining one-third minority interest in EfficientLights. The number of shares to be issued in exchange for the remaining one-third interest will be 1,000,000 shares, provided that if the average closing price of the PowerSecure shares over the ten days preceding the transaction is less than $10.00 per share, then the number of shares delivered increases to maintain a transaction value of $10.0 million. After the exercise of the EfficientLights option, EfficientLights will become a wholly-owned subsidiary and the Company will realize 100% of the EfficientLights profit, and will no longer reduce its net in...