Trade Resources Market View FOREPI Expand Mainland China's LCD TV Market with Mitsui's Support

FOREPI Expand Mainland China's LCD TV Market with Mitsui's Support

Recently,Formosa Epitaxy Inc.(FOREPI)will ship LED devices to LCD TVs and lighting supplied by mainland Chinese manufacturers via its Japanese shareholder Mitsui&Co.,Ltd in the third quarter,according to FOREPI's Chairman F.R.Chien.And the orders will keep the company's production lines busy throughout the first quarter in 2013.

Chien pointed out that in the second half of 2012,the mainland's economic stimulus packages and subsidization project for rural consumers of LCD TVs would give a boost to the mainland market for LEDs,which are built into the TVs as backlights.To cater for strong demands from the mainland's LCD TV makers,the company is vigorously boosting output.And the company's production capacity has been currently laden with orders.

In addition,the company will add 18 to 20 MOCVD chambers by the end of 2012 to its production lines.As part of its expansion plan,the company's production lines of 4-inch epitaxy wafers will come on stream in the third quarter to supply TV makers the chips.

Chien owed these contracts to Mitsui's recommendations to the mainland's buyers.Mitsui is also helping it tap markets outside the Chinese mainland.The company has rolled out 210 lumen-watt chips with the aim of making the chips available in TVs and lamps.

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Mitsui Supports Forepi to Tap Mainland China’S Lcd Tv Market
Topics: Lighting