LED maker Para Light to set up new plant in China
Taiwan-based LED specialist Para Light Electronics plans to invest US$15 million to establish a new plant in Jiangsu, China to expand market share in the market, according to a Chinese-language Commercial Times report.
Para currently has monthly capacity of 80-90 million LEDs. The executives at its Nanjing plant stated the demand for the lamp products is in most shortage. The company has added two more new facilities with new capacity to come on board by the year-end, reported the paper.
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