Hongqi and TCL joint venture plant will start mass production at the end of the year

On May 15, Hong Qi said that the joint venture with TCL in the Mainland did not stop. At present, Taiwan's production capacity is sufficient to supply TCL. If another international order for the current fight can be finalized and shipped smoothly in July, the joint venture plant is expected to start mass production at the end of 2012.

Wang Qilong, chairman of Hongqi, pointed out that Hongqi is the only company in Taiwan that has its own equipment technology capabilities, so whether it is in Taiwan or the mainland, it will be very fast.

Wang Binglong said that after the expansion of the Hsinchu plant in 2010, the economy is facing a reversal, and the demand for backlights is not as good as expected. At present, the capacity of 500 million LED package components per month of the new plant has not yet been filled (current capacity utilization rate is less than 60%). Therefore, the Guangdong Huizhou plant, which is expected to be jointly established with TCL, has not yet been officially mass-produced, but is supplied by the Hsinchu Plant, but the joint venture has not stopped.

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