US-based SemiLEDs Corporation recently laid the foundation of a new USD350 million LED chip project, Xurui Optoelectronics, in Foshan in China’s Guangdong province.
According to Li Jinmin, chairman of China Solid State Lighting Alliance, foreign-invested LED plants in China tend to be packaging plants and Xurui Optoelectronics is the first upstream LED chip manufacturing plant in the country with investment from a foreign company.
(Source: China Sourcing News)