At the same time, lite-on group also semiconductor lighting deepening strategic agreement signed with wujin district, wujin district will be in the process of the reform in urban lighting, make full use of LED street lamp and 3W LED Flood lite-on group provides application technology and excellent products, both sides make the LED application industry. According to lite-on group chairman Song Gongyuan, lite-on east China operations center in September 2009 the official opening of wujin high-tech zone, sales growth at the rate of 25% to 30% every year, this year will exceed 6 billion yuan.
The Seoul city government encourage foreign with LED lighting
Recently, the south Korean capital Seoul has announced plans to invest to install more LED lamps like 4w b22 led bulb in public places, and encourage the private sector to further expand the scope of installation. Public places, such as subway stations and streets, the city plans to 2018 office all use LED lighting, in the hope to reduce energy consumption and aid the LED lighting industry. The Seoul government also said it plans to expand to 2030 to the private sector, estimates that by 2014 about 800000 LED lights will be installed in the public sector, in addition there will be 70000 LED lights installed in the private sector, according to Seoul’s estimate, it will save every year the city power 1.1 million mw or 120 billion won ($105 million). Municipal government also plans to build a of 2014 contains 1.32 million light energy-saving street lamp intelligent lighting grid. In order to encourage the private sector to installation, the city will provide a maximum of 1 billion won ($870000), 2.5% of the loan interest rates.