Unity Opto Technology Co (東貝光電) yesterday said its board of directors has approved a proposal to purchase a factory in New Taipei City’s Wugu District (五股) for NT$1.23 billion (US$40.64 million) as part of capacity expansion plans in response to rising market demand for LED lighting products.
The company, the nation’s second-largest LED chip packager by sales, expects the new plant to help boost its LED lighting sales by more than 100 percent from next quarter, chief financial officer Jacky Weng (翁聰智) said in an e-mailed statement.
The new factory is expected to lift sales of LED lighting products to account for more than 35 percent of total sales from as soon as July, he said.
“We will install assembly lines at the new plant and will utilize them to fulfill the growing market demand for LED lighting products in the US and some European countries,” Weng said.
“Our total capacity is estimated to triple after the establishment of the new assembly lines, enough to complete clients’ orders for the next two years,” he added.
Unity Opto’s shipments of LED bulbs, lamps and other lighting products are forecast to exceed 1 million units a month after the company starts operation of its new plant, and the volume is expected to grow to 3 million units in the long term, Weng said.
Unity Opto also plans to use its new plant to manufacture LED backlight modules that are used in LCD TVs and mobile devices, Weng added.
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