Liangshan, a LED chip factory jointly invested by the two sides, will start operations in May next year.

On November 18th, according to Taiwan media reports, the large-scale investment in the LED industry across the Taiwan Straits, Taiwan’s Yuyuan, Dongbei, Ruixuan and South Korea’s LGD combined with mainland power plants, with a total investment of about 4.8 billion NT dollars. The company is expected to become the largest LED chip factory in the mainland. The Yangzhou Municipal Government of Jiangsu Province has subsidized 2.4 to 2.5 billion yuan to fully support the LED industry in the mainland.

    It is understood that Jiangsu Shengyang will become the largest LED chip factory in the mainland and will start operations in May 2010. The initial capital amount is 72 million US dollars, and 51% of the shares are held by the company. The downstream packaging factory of LED, the board of directors of Dongbei Optoelectronics, which also set up a factory in Yangzhou, has invested 10 to 15% in Jiangsu. The partners also actively enter LED TV. Ruixuan and LGD. The capital of the second phase will increase to 150 million U.S. dollars in January 2010. The main investors in the second phase will join the mainland home appliance and system manufacturers. Jiangsu’s praise is a combination of cross-strait funds and Taiwan’s rounds. Optoelectronics dominates.

    Yan Yuan, chairman of the board of directors, said that he would become the "one brother" of the Greater China LED factory within three years. In the future, the monthly production capacity will reach 1 billion, of which 500 million will be directly supplied to Dongbei Optoelectronics, which is set up in Yangzhou. Dongbei Optoelectronics supplies the main small and medium-sized backlights and the backlight of Samsung LED TV. .

    The cooperation model of the LED industry between the two sides of the strait, the Yangzhou Municipal Government also played the role of fueling the wave. Yang Yanzhou Party Secretary Wang Yanwen visited Liang Baohua last week. Wang Yanwen has signed a contract with Jane Feng Ren and Chairman of Dongbei Optoelectronics Wu Qinghui. In the future, Jiangsu will praise each purchase. On the MOCVD machine, the Yangzhou Municipal Government sponsored 10 million yuan. If the 50 machines were ordered by Jiangsu Yangyang, the total auxiliary case would be 500 million yuan, about NT$2.4-2.5 billion. This is the first time that the local government of China has fostered the LED industry on a large scale. It is estimated that it will take the lead in the governments of the counties and cities in the mainland and set off a wave of investment in LED.

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