Idemitsu Kosan (headquarters: Chiyoda-ku, Tokyo; Representative Director & Chief Executive Officer: Takashi Tsukioka; hereinafter, “Idemitsu” or the “Company”) announces its decision to expand production capacity of the OLED materials at its 100% subsidiary Idemitsu Electronic Materials Korea Co., Ltd. (location: Paju, Gyeon-do, South Korea; president: Kazuki Maeda) to respond to the expected increase in demand for OLED materials due to increased penetration of OLED displays as well as to install additional evaluation equipment in order to strengthen technological customer support capabilities.

GE Lighting recently announced it will be closing two traditional lighting production plants in Lexington, Kentucky in U.S. by August 2017, reported Lexington KY News.

This article contributed by a Wellmax editor analyses implications from the recent shutdown of Philips LED factory in Shenzhen, China. For Guangdong province alone, over 20 companies were listed. Kingsun Optoelectronic, Honglitronic entered into capital market, and the total market capitalization was over RMB 20 billion. The aggregate investment for provincial LED industry bases in Huizhou, Dongguan, Jiangmen, Nanhai, Zencheng and etc. was over 50 billion Chinese yuan.

China’s “One Belt, One Road” policies spurred Lumileds to construct a new LED autmotive bulb production line, reported National Business Daily.

Aluwave established a production site for its customized LED modules in China through a new company, Qingdao Aluwave Lighting Technology. The decision is based on the fact that several existing multinational customers with global operations have sought local deliveries to their assembly sites in China.