Friday, June 12, 2009

Taiwan invited to light up Chinese cities

Chinese officials have invited Taiwanese companies to supply selected mainland cities with ultra-bright, energy-saving LED lights, the latest in a series of big business deals between the rivals.

Li Jinmin, director of China's Institute of Semiconductors, said LED is one of the most promising fields for cross-strait cooperation. "Taiwan has the manufacturing power, while the mainland has talent and a huge market," Li said. "With the cooperation, we can jointly tackle the current energy crisis and the financial crisis." Taiwan's LED industry generated NT$54 billion ($1.6 billion) in revenues last year, second only to Japan, according to the Taiwan government.


IMO: I am pleased to see international collaboration on worthwhile matters.

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