Sales of solar energy business expansion sprint LED

According to Taiwan media news about LED lighting, biotechnology and other new business development in Taiwan branch, Lite expansion, is expected to more than $300 million NT purchase of land, in order to concentrate production. However, the solar energy related institutions also have a lite heart, after downsizing, the whole and, in 18, decided to "not less than NT $273 million price, sell the investment in Italy solar power system engineering company Romeo Tetti Pv1.

In recent years, new business Lite to get into non-traditional areas of IT, 2011 transferred ITRI technical and personnel entry biochemical analyzer, and launched its own brand of SKYLA in 2013, the first to cut into the pet market, launched last year by biochemical analyzer. Since the fourth quarter of last year had already reached a monthly income of two, Lite chairman Song Gongyuan will be expected in 2016 paid out good results.

Although a lite household light bulb consumption exit LED products, but commercial and outdoor LED lighting is a long red. The company's share of 50% in the city of Taipei City, Taiwan LED street, the street also has 4 market share in the United States, LED lighting has reached 40%, especially in Losangeles and San Francisco city more than 100%, can maintain more than 2 growth rate per year.

Optimistic about the biotechnology and commercial, outdoor LED lighting, Lite, the resolution of the board of directors will participate in the land bidding, for new business expansion and product production capacity in Taiwan, will be scattered throughout the new business production base together, contribute to the management and reduce the cost.

Compared to the Department for biomedical lite and LED lighting to seek new business, put up a pageantry to expand production capacity, was also a new business that cause solar Lite are deep, is not to care for the eyes. Green has received a total of 2010 Lite build order 50 MWp solar power system, but after Germany, the Italian government continue to cut subsidies for solar power, more and more difficult to do business. Because of continued losses, Lite, in the second half of 2013 has been downsizing and the whole solar business and back to the parent company, no longer need to retain the investment project of solar power generation system.

B.V. Lite-On Green Lite Science Bulletin, Energy subsidiary of 100% indirect holdings, will find buyers properly in the near future, estimates will be not less than 7 million 389 thousand euros, which is equivalent to NT $273 million yuan price, the sale of a subsidiary Romeo Tetti PV1 S.R.L. Romeo Tetti Pv1 all the shares, is one of the solar power system engineering company in Lite European investment.

For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).