Nationstar to Invest US$ 9.4M for Equipment Purchase

Chinese LED manufacturer Nationstar announced it has signed a domestic equipment procurement agreement with ASM Pacific Technology (Shanghai), and import equipment purchase agreement with ASM Pacific Technology (Hong Kong).

The domestic contract is worth US$ 39.73 million, while the import contract about US$ 3.33 million.

The company stated that the equipment purchase bases on real demand and will be beneficial to the company's realization of invested project. It is expected that the investment will enlarge the production scale and boost the company’s overall competitiveness.

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