Genesis Photonics pours millions into production
Taiwan-based manufacturer of GaN-based LED epiwafers and chips, Genesis Photonics, is to invest US$35million, this year, in constructing a plant in Kunshan, southern China, reports Digitimes. The plant, expected to be complete by the third quarter of this year, is a joint venture between Genesis and the Kunshan municipal government. Construction started in September 2010 and the total investment comes in at US$200 million. According to Digitimes, the Kunshan government is providing 51% of the funds with Genesis contributing the remainder. The plant will procure two-inch MOCVD equipment and expects to have a monthly capacity of up to 30,000 epitaxial wafers as commercial production begins. Genesis has been focusing on green LED chips for outdoor billboards in China, but as the demand for white LEDs has grown, blue LEDs chips now account for some 80% the chip maker's production. Looking to the future, Genesis intends to have three production bases in the Greater China region.