Xu Rui Optoelectronics, which is jointly invested by six domestic LED companies such as US SemiLEDs and Guoxing Optoelectronics, will officially open in March this year.
The project was settled in Nanhai in March last year and is planned to cover an area of ​​100 mu with a total investment of 2.23 billion yuan. The project began to be put into trial production in December last year. The project will be carried out in three phases. The first phase has invested 550 million yuan and will be opened in March this year. The production scale is 11 MOCVD. According to the major project data of the Foshan Twelfth Five-Year Plan, the project will also invest 1.68 billion yuan, with a total investment of 2.23 billion yuan. It is planned to be fully completed and put into production in 2013.
At the same time, another resolution of Guoxing Optoelectronics to enter the LED chip field has also passed the deliberation vote of the shareholders meeting. Guoxing will invest 400 million super-raised funds to establish Foshan Guoxing Semiconductor Technology Co., Ltd. in cooperation with Guangzhou Chengxin Venture Capital Co., Ltd. (the specific name is subject to the industrial and commercial registration). According to informed sources, the company will also be located in the South China Sea, the specific registration and site selection is pending approval by the government. In the 12th Five-Year Plan of Foshan, there are 6 LED fields, 3 of which involve LED upstream chips. "The LED chip is the breakthrough point of Foshan in the next five years," said Huang Qifeng, deputy director of the Foshan Science and Technology Bureau.
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