UMC invests more than 10 million US dollars in LED projects in Jining, Shandong

Topic: Industry Recently, UMC (2303) invested in Baolin Technology and Guanlan Optoelectronics in Jining, Shandong Province through a transfer of investment. It announced yesterday (23) that it will invest USD 1 million to establish Liansheng Optoelectronics in Shandong. From this point of view, UMC's solid-state lighting (LED) business investment in Jining High-tech Zone in Shandong Province, including LED epitaxial, packaging, product organization and other production chains have taken shape.

Recently, UMC's investment action in the green energy industry has become more and more active. Hong Jiacong, chairman of UMC, went to Jining, Shandong Province in the second half of last month to investigate and invest in the local LED and solar cell businesses. Then UMC completed the new company. Established, including the joint venture with Jingdian, the company specializes in the production of LED epitaxial wafers and epitaxial wafers. It was announced yesterday that Lianming Optoelectronics, which was established through the investment of UMC's new investment company, will establish Liansheng Optoelectronics in Shandong Jining and will be responsible for LED. Production and sales of packaging and lighting products. From this point of view, UMC has completed the entire LED production chain in Jining, Shandong, including LED epi-crystals Guanhao Optoelectronics, packaging plant Liansheng Optoelectronics, and finished assembly plant Baolin Technology.

It is understood that UMC's investment in LED projects in Jining, Shandong Province has exceeded 10 million US dollars, and will continue to invest and expand production in the future, which has become the headquarters of UMC's green energy industry in the mainland. Insiders pointed out that UMC's investment in the green energy industry is mainly focused on government bidding for the mainland market, including LED street lights or displays by local governments, or battery standards such as solar power plants, among which LEDs are The investment is the fastest.

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