Hon Haihao throws $146 million to sprint the LED industry

On July 13, Hon Hai Group issued an announcement to increase the investment in related components such as connectors, computer casings and metal stamping, energy management and other related components and new ventures with an investment of US$146 million. At the same time, it invested in the establishment of a new company, Fu Neng New Energy, in Nanyang, Henan Province, to sprint the LED industry.

By investing in investment, Hon Hai invested in the establishment of Fu Neng New Energy in Nanyang, Henan Province with an investment of 35 million US dollars. Hon Hai said that Fu Neng New Energy is mainly to expand the mainland's new energy domestic demand market, and plans to cooperate with other manufacturers to manufacture and sell new energy products and services such as LED street lamps.

A few days ago, Hon Hai was listed on the board of Xinjing Diamond for the first time by its subsidiary, Hongyang Ventures, and obtained a board of directors. In addition, Hongjun's layout of heat dissipation, Qi Yao specializes in LED packaging, Hon Hai Group also used LED upstream expansion, and it is expected to borrow in the future. By arranging the downstream LED street Lighting layout, it integrates the layout of Hon Hai in the upstream and downstream of the LED industry.

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