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LED industry over the next one to two years according to industry executives

According to the company,the venture is designed to have annual output of 150,000 4-inch epitaxy wafers with led linear high bay light chambers, estimated to bring in Walsin Lihwa around NT$1.3-1.5 billion (US$43-50 million at US$1:NT$30) in revenue a year.

Walsin Lihwa has spent around US$127 million on the investment of the venture. And the company will see return from its investment in LED industry over the next one to two years according to industry executives.

Additionally,it’s said that the company had signed an agreement with the administration of the Xian Hi-Tech Industries Development Zone, where the LED venture is a tenant, to jointly promote solar-module investments in the park.

Shortly after stopping producing standard incandescent lamps to focus on LEDs and other solid-state lighting products, Toshiba International Corp., has set up its LED Lighting Systems Division which consists of team of U.S. lighting veterans.

Ken Honeycutt, is now senior V.P. of Toshiba International Corp. and chief venture executive for Toshiba. Previously,he spent most of led high bay light career with Acuity Brands Lighting, where he rose to the position of CEO.

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