Jin Woo Sung, WNI Chairman further adds, "The Korean LED lighting industry is currently experiencing rapid growth and, our customers are technology driven and very focused on applications for a wide variety of industrial needs. Fusion Optix is recognized in Korea as the global leader for optical components and light management technology solutions, particularly in led high bay, and we look forward to maximizing our service to our rapidly growing customer base.”
Fusion Optix is a privately held company providing advanced lighting solutions based upon a patented platform of optical components and materials. Our innovations can be found in products used every day in business, industry or the home as well as demanding military and aerospace applications. The company owns more than 50 U.S. and international patents. Our company led high bay light headquarters in Woburn, MA also houses our main production facility and the Fusion Optix Technology & Engineering Center (FOTEC). Fusion Optix investors include Goldman Sachs and Prudence Capital.
Recently, a leader of Epistar noted, LED-backlit TV market penetration would reach 40% in 2011 from 20% in 2010, and Epistar planed to ramp up capacity by 30% in 2011 after already raising its capacity by 30-40% in 2010.
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