Business News | Feb 26, 2008

Foxsemicon Aims to Commercialize High-Power LEDs in March or April

Foxconn (Hon Hai Precision Industry) affiliated LED maker, Foxsemicon Integrated Technology (FITI), aims to commercialize its high-power LEDs that have a 100 lm/w emission efficiency this March or April and the company expects to increase its LED light efficiency to 150 lm/w by 2010, helping the cost of using LED street lamps become half the cost of high pressure sodium lamp solutions, according to the company.

Since Japan-based Nichia took the lead in marketing white LEDs of 100 lm/w emission efficiency in 2006, other international LED specialists Cree, Philips Lumileds, Osram Opto Semiconductors, and Osram Opto Semiconductors have followed suit. The high-power LED lighting applications are set to grow at a compound annual growth rate (CAGR) of 75.2% from 2006 to 2010 with the market scale to reach US$380 million in 2008, according to players in the LED market.

The light efficiency of Cree`s LED chips with Nichia`s phosphor can reach 130 lm/w, but the product is hard to commercialize due to its high cost. Therefore, the light efficiency of LEDs is mainly for 70-80 lm/w, with LEDs having 60-75 lm/w being able to replace the current high pressure sodium lamps. The major barrier for LED makers is to resolve problems with LED`s heat dissipation and maintaining light efficiency, according to Taiwan LED makers.

 
About FOXSEMICON Integrated Technology Inc.:
An indirect investment of HON-HAI (FOXCONN) Group to focus on semiconductor and Flat Panel Display equipment contract manufacturing business. In the end of 2006, it began to develop LED application business (streetlight, display,... etc.). In June 2007, its market value had reached 800 Million USD.
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