Nichia Announces to Expand LED Capacity - Energy Watch News


Nichia Announces to Expand LED Capacity

The leading Japanese LED producer, Nichia Corporation released the news that the company decided to expand LED production capacity by building a new plant in response to the increasing demands of lighting and backlight LEDs as well as the applications for automotive use and others. The new plant is scheduled to start running in October 2020 and with the new capacity added, Nichia plans to double the production of Naruto factory in 2021. According to the report of Nikkei Asian Review, the major revenue of Nichia depends on white LED. However, Nichia has strategically intensified its momentum in high margin LED products including automotive lighting. https://www.ledinside.com/

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