The first joint venture between the two sides of the LED epitaxial plant was established, holding 40% stake in China

, Shanxi Province, Changzhi municipal government decided on China optimistic about the photoelectric technology, investment and China in Changzhi city to set up a factory in LED, LED lighting, the common development of the market. Yesterday (8), the board of directors of China and the signing of a joint venture contract with Shanxi, Changzhi, the two sides jointly invest in the joint creation of a new LED epitaxial plant in the production of ultra-high brightness LED chips.

It is reported that this cooperation case produces the new LED factory, currently named "Shanxi Changzhi China Limited company", the company is the main body of Changzhi municipal government and the establishment of leading folk industrial development, by the Changzhi municipal government invested 50 million yuan, private enterprises invested 200 million yuan in the composition, and by the current Changzhi City vice mayor as chairman, and for the Chinese counterpart cooperation company. The first phase of the plan to supply 1 billion ultra high brightness LED chips for the production target. By ARIMA provide plant support and technical services, the initial authorized capital of 300 million yuan, 60% investment, Changzhi hi tech industrial investment company, Arima invested 40% (120 million yuan, a total of about NT $570 million yuan), and the ARIMA provide related production technology and patent. The two sides signed a joint venture agreement, China on the next two years is expected to be phased in photoelectric charge royalties 270 million yuan (a total of about NT $1 billion 300 million yuan), and the huge business opportunities gradually attack the mainland LED TV layout. The general manager of the initial election will be assigned by the Chinese, while the Changzhi hi tech industry is responsible for funding, as well as contact with the five power plants and other business matters.

It is understood that the new LED factory for the extension of the first cross-strait joint venture factory LED, China still passes through the Taiwan Ministry of Economic Investment Commission review, that China should be able to pass, the fastest at the end of January 2010 to early February formally established. China General Manager Guo Kaiyuan said, this case is to provide technical cooperation by China, Changzhi is responsible for funding and access to the sea, TV LED attack five market power plant, and the huge business opportunities to replace the CCFL LED backlight module.