Korean LED manufacturer Kumho Electric (Kumho) has recently signed a MOU with a Kazakhstani lighting company for an Almaty city streetlight project, reported Business Korea.

Kumho Electric, Inc., a global leader in lighting technology, is headquartered in Seoul, South Korea. However, it intends to move its operations to produce light-emitting diode (LED) lighting devices to China. This is the first occasion for a Korean LED manufacturer to relocate its production base to China. The company said on August 11 that it is currently building an LED mass-production facility in Shenzhen in Guangdong Province.   Kumho Electric will assemble finished goods in its Shenzhen plant with parts and components such as LED chips and packages...