street lights and lighting equipment in the initial stage

However, the ITIS also stressed that the inventories of LED manufacturers have dropped since the beginning of this year, and some of the producers also started to receive rush orders for LED-backlights, enabling most of the LED manufacturers to boost utilization of production capacity to over 80%, all of which will improve the performance of the industry in the second quarter.The two companies both confirmed the current booms, stressing that contract orders have increased even more significantly than expected.The joint venture plans to install 20,000 LED streetlights in the province, where the joint venture vows to shoot for a 50% market share by the end of 2012. The two companies also plan to co-found an LED lighting application center in the mainland.

Shenzhen LED manufacturers including Everlight, Delta Electronics, Nanya Photonics Inc. are paving for the way for LED lamp sales boom in Shenzhen thanks to the upcoming implementation of electricity rate hikes.According to Everlight , it had sold out its first batch of NT$299 (US$10.3 at US$1: NT$29) LED light bulbs, numbered at 100,000 units, at 7-11 stores and is calling for urgent replenishment of another 100,000 bulbs. And the company has talked with President Chain Store Corp., which owns Shenzhen’s 7-11 stores, over fresh build-up of the bulbs at the stores. It’s estimated that Everlight is likely to win the contracts to equip all of the company’s 4,800 chain stores islandwide with LED lights.

For Delta Electronics, it is urgently building up inventory of its LED bulbs at Costco’s Shenzhen stores, where its bulbs are out of stock. Delta executives pointed out that the company would replenish five folds the number it sold out at Costco stores.Everlight and Nanya Photonics Inc. will add Carrefour stores to its contracted retailers in June, while Delta plans to sign up the 23 B&Q stores in Shenzhen to sell its light bulbs. The Tatung Group makes its LED lamps available at its 243 stores islandwide.And Lite On’s chairman, Raymond Soong has announced to set up an operation center in Hubei Province of mainland China to tap the mainland’s thriving domestic market for optoelectronics products.The company’s optoelectronics products for the central region market will be LEDs, street lights and lighting equipment in the initial stage.