Taiwan-based power supply maker AcBel Polytech Inc., has actively ventured into LED lightings in recent years, and may boom its LED lighting business in 2012.

According to AcBel, two large-sized Chinese LED lighting suppliers have accepted its LED indoor and outdoor lighting products, and they will contract it as a production arm to jointly explore the Chinese market in the near future. Therefore, it will help AcBel to build a considerable outlet for its LED lighting products.

In the meantime, the company has also reportedly garnered orders for LED streetlights from the local government of Guangdong Province, China, as one of designated suppliers of officially subsidized LED streetlights.

Based on recent orders, David Kao, general manager of the company, has expressed his optimism about an auspicious year in 2012. Kao said his company is very likely to see its business operations surge quarter by quarter to peak in the third quarter of the year, with the growth to be mainly led by growing shipments of cloud computing applications, LED lightings and smart grids.

Furthermore, he pointed out that his company, which has run at a full capacity throughout the first quarter, has adjusted upward its projection for annual revenue growth rate to more than 10% for this year, despite an uncertain global economy.