China Light and Power Alliance AUO, CREE rush to attack Taipei LED street light business opportunities

Recently, CLP Group cooperated with AUO's Ronda, CREE, and Meidongling, and expressed confidence to attack Taipei City to promote the transformation of NT$800 million LED streetlights.

CLP pointed out that it will combine the resources of the upper and lower reaches, and CLP will be the integrated application end of the final downstream, responsible for the bidding for the bid. The upstream has Ronda's and CREE's chip materials; the midstream is a combination of its Dongling's transformers.

In 2011, CLP invested US$30 million to set up China Electric New Energy Co., Ltd. in Xiamen to sell traditional LED lamps with its own brand “East Asia Lighting”, manufacture and manufacture battery modules for storage systems, and establish its own channels. Sales of stores and water and electricity channels. CLP said that it has started operations in the first quarter and will bring in revenue in the second quarter, heating up quarter by quarter.

In addition, CLP's investment of 200 million yuan in the Hsinchu plant in Taiwan, the two battery module production line, will also gradually contribute to the revenue in the second quarter, the initial will be customized, and is expected to be released in the second half of the year.

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