Recently, Wang Wenchao, chairman of Formosa Petrochemical Co., Ltd., which is engaged in the production and sales of petrochemical upstream raw materials, is also the chairman of South Asia Optoelectronics. Nanya Optoelectronics Co., Ltd. cooperated with Jingyuan Optoelectronics Co., Ltd. to develop LED bulbs with luminous efficiency up to 60lm/w, saving 83% compared with traditional incandescent bulbs of 10lm/w, and the products have passed CE certification.
Since June 2010, Formosa Petrochemical Co., Ltd. has taken over the development of LED green energy optoelectronics industry, and injected capital into South Asia Optoelectronics to further expand its production scale. In July 2010, South Asia Optoelectronics and Jingdian began to build a downstream lighting product assembly plant, which can initially produce 1.2 million light bulbs and 120,000 street lamps. After the expansion is completed, LED lighting fixtures will be introduced into the company.
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