Shenzhen MTC to build LED plant in Nanchang

Shenzhen MTC plans to spend CNY1 billion on the first phase of a high-end LED factory in Nanchang, Jiangxi province, with capacity to make 1.2 million four-inch red and yellow LED chips per year, expected to start operations in 2020.

“The firm will spend CNY1 billion (USD143 million) on the first phase of the factory in Nanchang, Jiangxi province, it said in a statement yesterday.”yicaiglobal.com

• 1 source
• yicaiglobal.comShenzhen MTC to Build LED Plant in Anticipation of Rising DemandTang ShihuaDec 12, 2019

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