Nanyang Foxconn teamed up to build LED production base

After more than a year after the depth of cooperation, the Nanyang municipal government recently again with Foxconn Holdings Limited signed a new support for Foxconn LED big screen project, to build the country's largest industrial production base and LED projector.

It is understood that at the beginning of this year, Foxconn and Nanyang cooperation of the two advanced projector production line has been put into operation. Total investment of 300 million yuan, after the completion of the project, the projector can achieve annual sales of 1 million units. Partners will strive to build Nanyang to become the world's largest projector production and sales base.

According to the strategic plan of Foxconn group, this year will finance $50 million to $100 million to support the needs of 50 thousand or 80 thousand sets of LED street lamps new or transformation. On this basis, next year will further expand the scale of funding to support the completion of the 1 million sets of LED street lamp project in Henan Province as soon as possible.

Make Foxconn feel gratified is, Nanyang city new and renovated LED street lighting project in more than a month has completed more than 3 thousand units, is expected to be completed before the end of July 7000 sets to 8000 sets; new LED big screen project has the construction conditions. These projects speed, the effect is good, beyond the expectations of Foxconn group.

At the same time, Fu Yu technology company's LED production line to achieve full load production. Huaxiang group's mobile phone panel has achieved mass production, expansion projects are under construction. Fukang digital display Co., Ltd. has been established, the city's "ban" program is being implemented. The implementation of these projects will bring tangible benefits to Nanyang, the Nanyang municipal government to Foxconn group has more relevance to Nanyang industrial project transfer and agglomeration, the early realization of Nanyang will become the world's largest projector production and sales base and the country's largest industrial production base in the vision of LED.