Taiwan Hon Hai Group has injected US$35 million to set up an LED venture in mainland China at a cost of US$35 million. And it’s reported that polysilicon manufacturer GCL-Poly Energy Holdings Ltd. of mainland China is also a strategic partner in the investment. The new venture, headquartered in Nanyan, Henan Province, will seek partners in all of the mainland’s provinces to drum up LED streetlight business, pointed out by the group. GCL-Poly is listed on Hong Kong Stock Exchange, reporting net income of HK$4.2 billion (US$555 million ...

Taiwan AcBel Polytech Inc., an LED subsidiary of the Kinpo Group, has set up an LED venture with Samost Photoelectrical Scientific Stock Co., Ltd. in mainland China to tap the mainland’s LED-lighting market. It is AcBel’s first step of its mainland Chinese market plan.   Samost is a leading supplier of traffic & signal lights and LED streetlights in headquartered in Henan Province, mainland China. It is noticeable for its retail stores in over 10 provinces in the mainland. The two companies will work together on the manufacturing ...