it to scale up production capacity at fast pace

Harvatek Chairman B.L. Wang claimed that his company is the industry’s only manufacturers turning out packages on led linear high bay light automatic die-bonding lines, enabling it to scale up production capacity at fast pace. In addition,the company will transplant its success in Taiwan to the joint venture.

Harvatek’s involvement in the joint venture with TCL also suggests UMC’s increased presence in the mainland’s green-energy market, where it already sets up solar-cell operation.

Additionally, TCL Chairman Li Tungshen pointed out that the company’s 8.5-generation LCD production facility would fulfill the goal of led high bay light producing the set maximum 100,000 panels per month by the end of this year, up from current 40,000 panels.

The Investment Forum event, jointly sponsored by the Korea Trade-Investment Promotion Agency (KOTRA) and the Korea Ministry of Knowledge Economy (MKE), brought together government officials, investors, industry experts and business leaders from South Korea and the United States to celebrate and promote investment in South Korea by U.S.-based companies.

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