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Cree and San'an Optoelectronics formed a joint venture, Cree Venture LED Company, Ltd., to produce mid-power LED packaged products. Cree owns 51% and San'an 49%. The JV is located in Hong Kong and targets initial product sales in Q3 2017.
“This joint venture builds on both companies’ leading product and channel capabilities to give Cree the ability to provide our LED customers a complete range of high-power and mid-power LED products.”led-professional.com
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