South Korea's LED giant and Anhui enterprises hand in sight

Reporters learned yesterday, South Korea's famous LED giant KCM will hand in Anhui enterprises in the establishment of a joint venture investment.

It is reported that earlier this month, South Korea LED lighting manufacturer KCM (KCM Holdings Company ofKorea) under a line of lead in President Cui Qinghao, to invest in Hefei investigated, and wantouxinhui photoelectronic and Anhui Investment Group has in-depth discussion. The two sides agreed to set up a joint venture in South Korea, Hefei, the joint venture project will specialize in LED R & D sales, which, South Korea will inject cash and technology.

KCM is a well-known LED lighting manufacturers in Korea, ranked the top three in the Korean industry, in the Korean government procurement of LED lighting products, 1/3 of the shares are purchased from the enterprise. Anhui wantouxinhui Au Optronics Co is a high-tech joint-stock company by the Anhui provincial investment group company initiated the establishment of the company, LED lighting, automobile lamp, TFT backlight, LED display, traffic lights and other products as the leading products of the company at present, part of the road is the provincial capital of LED lamps produced by the company.

According to wantouxinhui chairman Xu Bin introduction, KCM products with energy saving and environmental protection is known, the joint venture project once landed, will help the company to produce new LED products more advanced science and technology, environmental protection, energy saving, beautiful appearance, for Hefei and Anhui city construction, will play a more active role.