Plessey announced today that it is to carry out a major expansion of the company’s LED manufacturing facility in Plymouth, England, after securing a GBP 30 million ($50 million) loan from Deutsche Bank AG to finance the expansion.

Genesis Photonics Inc. (GPI) second largest investor, Chicony, has acquired a 7% stake worth NT $350 million (US $11.14 million) of Everlight bonds, reported China Times.