Taiwanese factory Dongbei plans to invest 3.5 million US dollars to set up a new factory in Suzhou

On December 25th, the board of directors of LED packaging factory Dongbei passed a new establishment of Haoran Optoelectronics Co., Ltd. in Suzhou, China with a capital of 3.5 million US dollars. It is currently tentatively set up a manufacturing base to expand the market in East China.

In addition, with the awareness of power saving, the change of lighting in Taiwan enterprises has become a new opportunity for LED factories to develop lighting. Dongbei has received orders for lighting replacement of Yongfengyu Group, and has gradually shipped from this season. It is expected that the operational results will be obvious in the next quarter. In addition, Dongbei is currently the main OEM lighting company owned by Datong, and its group changing lights has become a potential customer of Dongbei.

Dongbei's 2012 annual revenue is expected to grow at a rate of 30%. Looking forward to the improvement of backlight penetration in 2013 and the new market layout of lighting, growth momentum will continue.

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