Foxconn plans in the first quarter of 5000, only LED Street shipments

February 15th DIGITIMES news Foxconn (Foxconn) subsidiary LED manufacturer FITI has obtained LED lamp CNS and CE certification, is expected in the first quarter of 2008, LED Street shipments reached 5000, the income of NT $100 million ($3 million 150 thousand), compared with last year, the total annual income of LED.

Although the LED manufacturers expected Chinese LED lamps annual demand will reach 8 million, but FITI still think that the actual annual demand is only 400-500 million, and the demand also depends on the local government, the final sales accounted for only 10% of the overall estimate.

With the continued decline in the price of LED street lights and brightness is rising, FITI believes that China's LED street lamp demand will increase significantly in. So far, FITI April product orders, the company expects sales in the first quarter of this year exceeded 100 million nt.

Faced with the opportunity of the 2008 Beijing Olympic Games, FITI will pay attention to the outdoor display production and installation equipment, is expected to start production in the second half of this year.

In addition, there are reports that Fuji Yasuzheng to further strengthen its influence in the LED industry, FITI will invest Liansheng Optoelectronics (HPO) and 300 million of the shares and the development of advanced optoelectronic (AOT) 120 million of the shares.

Source: China Semiconductor Lighting Network