Thursday September 07, 2006

Philips to set up LED plant in Singapore

channelnewsasia.com :

Dutch electronics giant Philips says it will set up a hi-tech light emitting diode, or LED, production plant in Singapore. This will be its first LED manufacturing facility in Asia. Philips expects the new plant to create 900 new jobs and help double its total LED output by 2007.

Philips is keen to consolidate its leadership position in the global LED market which is worth US$5 billion in annual sales and growing at an average rate of 25% per annum. It has revealed plans to take over a vacant Maxtor plant in Singapore and has already scheduled production to begin by early 2007.

business-times.asia1.com.sg :

Philips announced that it would hire 900 people for a new production facility to make power LEDs (light emitting diodes) in Singapore. Philips said it is taking over the existing Maxtor premises in Yishun for the factory. The Maxtor plant has 450,000 square feet of built-up area with scope for further expansion. A Philips spokesman told BT that initial production, starting in January next year, would be 2,000 wafers a month. The LED chips are cut out of these wafers.

Mourad Mankarios, Philips Singapore chairman and CEO, said that the LED unit will be the second such facility for the company after its first unit in San Jose, California, set up a few years ago. 'The plant will be a high volume production facility for the Luxeon range of LEDs, employing about 900 people at full capacity ... the LEDs are used in city beautification lighting, LCD displays, camera flash for mobile phones, automotive applications and various other applications,' he added.

- So now we know what they are going to do with the Maxtor factory. And it's a good step. Lighting contributes a significant chunk of energy usage. LED lighting will help to improve on energy efficiency.

See also :

1. Maxtor to sell Singapore plant
2. Seagate Q4 profit dives 98% on Maxtor purchase
3. LED Lighting

(2006-09-07 13:08:45 SGT) [Biz] Permalink

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