LITE-ON electronics to invest $2 million 100 thousand to set up a factory in Zhenjiang LED

It is reported that LITE-ON Electronics (Lite-On IT) by High YiELd Group, subsidiaries of Hongkong subsidiary Lite-On IT International, invested $2 million 100 thousand in Zhenjiang to set up a new factory production for the production field of automotive lighting LED lighting products.

LITE-ON electronics's investment strategy is based on the consideration of the potential market potential of LED headlights. In 2007, LITE-ON electronics in its parent company (Lite-On Technology) technology to support, Holland PHILPS's Hungarian car audio / video player Automotive Playback factory Modules Hungary 100% of the shares.

Insiders pointed out that PHILPS is currently focused on the application of LED in the home, in the field of medicine, which provides a good opportunity for the development of LITE-ON electronics LED car lighting.

Source: LED chip network