According to industry sources, UMC (United Microelectronics Corporation) plans to fund Taiwanese LED chip makers Epistar and FOREPI to increase their foundry capacity and expand their presence in China. The growing market share of LED lighting.
Sources pointed out that Taiwan's LED industry is expected to see strong market demand from China, the purpose is to become the third largest market for LED lighting in 2015. This plan will replace 30% of outdoor lighting with LED.
Yuyuan Optoelectronics said that in 2009, the global street lamp market will reach 193 million baht, of which 2.5 million will be LED lights, and by 2010 this figure will increase to 4.5 million baht.
UMC holds shares in both Jingyuan Optoelectronics and Yuyuan Optoelectronics.
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