Recently, LED epitaxial wafer and chip maker Genesis Photonics has began construction for its joint venture with the Kunshan city government in China. The first stage engineering of the joint venture will host 50 sets of MOCVD machines. In the new factory, Genesis has held 51% stake, and Kunshan city government has held the other stake. The new factory will start production in Q3 of 2011 and will be the largest LED chip and lighting manufacturing base in China.