# 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.

- Type: New facility
- Announced: 2019-12-11
- Where: Nanchang, Jiangxi province, China
- Value: $143.0M (1.00B CNY)
- Starts operating: 2020
- Status: announced
- Capacity: 1.2 million four-inch red and yellow LED chips per year
- Products: red and yellow LED chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Shenzhen MTC](https://endata.com/companies/43883.md)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/shenzhen-mtc-to-build-led-plant-in-anticipation-of-rising-demand), 2019-12-12: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.