Shandong: 3 billion yuan investment in the construction of semiconductor lighting industry base

The day before, the wave of the Group signed an agreement with Ji'nan hi tech Zone construction tide photoelectron industrial park. According to the agreement, the next 5 to 8 years, the wave group will invest $3 billion to build the domestic first-class semiconductor lighting industry R & D and production base.

The project will invest 1 billion 600 million yuan, is expected to be completed before the end of 2013, 2014 amounted to two; will invest 1 billion 400 million yuan, is expected to be completed before the end of 2016, 2017 production. After the completion of the project, the annual sales income of 9 billion yuan, profits and taxes of $2 billion. By then, Shandong will form a wave of Huaguang as one of the leading semiconductor lighting industry base in china.

It is understood that the semiconductor lighting technology with high technological content, low resource consumption, not only can save a lot of energy, but also can greatly reduce environmental pollution, and pull the new materials, electronic information and other related industries. Shandong semiconductor lighting technology research and industrial development started earlier, R & D capability of the leading position in the country, some products reach the international advanced level.

Source: xinhuanet.com