Everlight would invest Beijing with LED backlit.

Everlight Electronics reportedly planed to invest Beijing to expand its market share in China's LED market.

Recently, China government promoted LED solid state lighting and listed Beijing as a level-one city for demonstration. Meanwhile, BOE's 8G plant scheduled to start mass production in 2011, LED backlight unit (BLU) demand from BOE was expected to surge. Additionally, Everlight was listed as one of BOE's backlighting suppliers. In order to take maximum advantage of opportunities, Everlight decided to set up a production plant in Beijing.

Market sources noted, Currently all BOE‘s notebook products were LED backlit. BOE's overall LED demand from its 5G and 6G plants was expected to exceed one billion chips in 2011, and to over seven billion chips when BOE's advanced production lines came online in the future. If BOE's 8G line fully adopted LED backlighting, BOE would need the support of about 20 LED production lines, or five billion LED chips per year, and generate CNY10 billion (US$1.5 billion) worth of industry value.

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