[High-tech LED News] Recently, Toshiba Lighting plans to increase its capital of US$27 million to set up a China headquarters in Fuzhou, Fujian Province. In addition, Toshiba plans to build LED lighting products locally, and plans to build China's important LED energy-saving lamp production base in Fuzhou.
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According to the company's plan, Toshiba will relocate in conjunction with the old site, and plan to choose Fuzhou Export Processing Zone for 80 acres. The first phase of the LED project plans to build 6 production lines. All products will be used for export, and the annual output value is expected to reach 900 million yuan. In the second phase, it plans to produce LED lighting products. 