In response to the growing demand for LED lighting market, Taiwan Qiqi Optoelectronics signed a contract on July 31 to obtain a 240-pyeong factory in Xintai 5th Road, Banzhi District, Taiwan Province, with a total transaction value of NT$40 million.
Qiqi has been established for nearly 10 years and is headquartered in Yuzhan District, Xinbei City, Taiwan Province. It focuses on the production of high-wattage COB LED lighting package manufacturing. Qi Tong said that the existing production equipment capacity and plant space can no longer meet customer orders, except active. In addition to improving process bottlenecks, shortening processing time and improving yield, it is planned to purchase plants to increase production targets.
Qi Wei said that according to research and research, LED lighting demand will account for a quarter of the global lighting market in 2016, and the demand for LED lighting in mainland China is as high as RMB 32.4 billion this year, in response to huge business opportunities. Will expand production capacity.
Qi Wei pointed out that in recent years, the specifications and quality of the LED lighting industry from upstream chip manufacturing to packaging have been well-versed, and the price part is no longer as high as it was a few years ago. In the face of the number of orders that are rising every month, the board of directors has decided to purchase the factory through the evaluation of 150 million yuan. Today, it signed a contract with the seller to obtain a factory area of ​​about 240 pings. The total price is about NT$40 million. The source of funds is 7 Bank loans, 3 become operational turnover funds.
Qiqi has been established for nearly 10 years and is headquartered in Yuzhan District, Xinbei City, Taiwan Province. It focuses on the production of high-wattage COB LED lighting package manufacturing. Qi Tong said that the existing production equipment capacity and plant space can no longer meet customer orders, except active. In addition to improving process bottlenecks, shortening processing time and improving yield, it is planned to purchase plants to increase production targets.
Qi Wei said that according to research and research, LED lighting demand will account for a quarter of the global lighting market in 2016, and the demand for LED lighting in mainland China is as high as RMB 32.4 billion this year, in response to huge business opportunities. Will expand production capacity.
Qi Wei pointed out that in recent years, the specifications and quality of the LED lighting industry from upstream chip manufacturing to packaging have been well-versed, and the price part is no longer as high as it was a few years ago. In the face of the number of orders that are rising every month, the board of directors has decided to purchase the factory through the evaluation of 150 million yuan. Today, it signed a contract with the seller to obtain a factory area of ​​about 240 pings. The total price is about NT$40 million. The source of funds is 7 Bank loans, 3 become operational turnover funds.
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