Recently, Chairman Y.F. Yeh of Everlight in an interview with the mainland’s Xinhua News Agency, noted that a cooperation between Taiwan’s and mainland China’s LED industries would create new opportunities for them in the LED-lighting sector, which he projects will provide lucrative business.

According to Yeh, LED lighting could save around 85%, or 26 billion kilowatt hours, of the total 30 billion kilowatt hours of electricity that Taiwan’s lighting consumes a year. Other electricity consumption sources increase the total consumption in Taiwan to 200 billion kilowatts hours a year.

Furthermore, Yeh pointed out Taiwan began the development of the LED industry earlier than mainland China, and Taiwan has already set up solid foundation for the industry’s supply chain, technological development, product design and management.

In his opinion, the development can create an industry synergy relation between Taiwan and the mainland based on the rising demand for energy-saving products in the mainland, which is said to be the world’s biggest market for LED lighting.