Edison Opto, a Taiwan-based LED packaging house, has announced that it will increase capital in its wholly-owned subsidiary in Yangzhou, China because of China's strong demand for LED lighting solutions.
The operations at its Yangzhou plant will start in the third quarter of 2009, and start producing high-power LEDs for use in streetlamp, commercial lighting, and general lighting, said the company.
Edison reported a 12.21% sequential increase for its February revenues to NT$74.35 million (US$2.2 million) from NT$66.26 million for January, and a 20.97% increase from NT$61.46 million for February 2008, according to data from the Taiwan Stock Exchange (TSE). |