Taiwan Taifeng Optoelectronics Co., Ltd. recently signed a contract with Xinyu City, Jiangxi Province, China, to invest RMB 1.2 billion to set up a LED factory. Taifeng Optoelectronics Xinyu LED Factory will be carried out in two phases. The total investment of the first phase will be 300 million yuan. There will be 5 production lines. It is planned to be put into operation at the end of 2010, and the monthly sales revenue will reach 40 million yuan. The 20 production lines of the second phase are all put into production, and are expected to be completed by the end of 2011. In 2012, the sales income will be 2.2 billion yuan and the after-tax profit will be 500 million yuan. Comcn Electronics Limited , https://www.comcnspeaker.com