Taiwan's long yuan spent huge sums of money to set up factories in Changzhou

Taiwan’s LED factory, Jiu Yuan, will spend US$10 million to set up a factory in Changzhou, Jiangsu Province. Its investment amount and capacity planning will be three times that of the Xiamen plant. Follow-up expansion operations will be determined according to the needs of customers. The fastest 2011 is expected. The first quarter of the trial production.

It is reported that Jiuyuan cooperated with orders for the largest customer, Jingdian. In 2010, it spent USD 3 million to set up a factory in Xiamen, and monthly capacity planning was 10,000. The Xiamen plant began trial production in July and August. It is expected that the production capacity will gradually reach full capacity until the end of Q4. This year, the operating performance of the plant will be treated as profit and loss.

The Changzhou plant machinery and equipment as soon as possible in 2011 Q1 will be gradually put in place to conduct trial operations.

Regarding Q3's outlook, Jiuyuan stated that the demand for LED picking OEM business and self-made equipment was better than expected, and the demand for IC testing began to improve slightly from August. Observing the orders at this stage for shipping, Q3 Camp The revenue is expected to grow 10% over Q2, better than the original single-digit expectation.