Philips Ruihua Company and Jiangbei Concentration Zone signed LED industry chain project
[High-tech LED News] On the afternoon of November 8, Philips Ruihua Co., Ltd., a joint venture between Philips (China) Co., Ltd. and Shenzhen Ruihua Electronic Technology Co., Ltd., signed an agreement with the Anhui Jiangbei Central District Management Committee to build an LED industry chain project. According to the project plan, as soon as July 1, 2012, China's first Philips LED lighting will be "born" in the Jiangbei concentration area.
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According to reports, the LED lighting industry chain project total investment of about 2.08 billion yuan, divided into two phases of construction, including the first phase of investment of 780 million, mainly in the LED lighting midstream product packaging, notebook computers, mobile phones and other communications products research and development, design and production for The main project, after the first phase of the project is put into production, is expected to achieve annual sales income of 10 billion yuan. The second phase of investment is 1.3 billion yuan, mainly engaged in the development and production of high-end industries such as LED upstream products and backlight modules, forming an industrial chain covering the middle and upper reaches of the LED lighting industry. 
