Emperor and Hong Kong of Kuala Lumpur are optimistic about the potential business opportunities for LEDs. In 2010, they plan to invest RM50 million (US$16.5 million) to further expand the scale and capacity of existing production plants.
Emperor and Hung plans to carry out a two-stage expansion plan in 2010. The first phase is expected to invest RM50 million to increase the capacity and scale of the plants in Malacca and Laos. At present, Emperor and Hong have 35 distributors worldwide and will continue to increase the number of distributors and intend to expand the Russian market in 2010.
At present, 80% of Emperor and Hong's profits come from its subsidiary Bright Semiconductor, but in view of the outstanding performance of AEOpto, another subsidiary of Guangzhou, China, it is expected to contribute 50% of its turnover in 2010.
Zheng Qingyu, the managing director and chief executive officer of Emperor and Hong, pointed out that compared with traditional light sources, LED can save up to 50% of the power usage of electric lights, which is in line with the emission reduction measures that governments are committed to promote, and is expected to become the mainstream light source. With the growing concept of green, he is deeply optimistic about the future development of the company. He also hopes to get the opportunity to work with the government in 2010 to convert the light source of existing government buildings into green energy.
Emperor and Hung plans to carry out a two-stage expansion plan in 2010. The first phase is expected to invest RM50 million to increase the capacity and scale of the plants in Malacca and Laos. At present, Emperor and Hong have 35 distributors worldwide and will continue to increase the number of distributors and intend to expand the Russian market in 2010.
At present, 80% of Emperor and Hong's profits come from its subsidiary Bright Semiconductor, but in view of the outstanding performance of AEOpto, another subsidiary of Guangzhou, China, it is expected to contribute 50% of its turnover in 2010.
Zheng Qingyu, the managing director and chief executive officer of Emperor and Hong, pointed out that compared with traditional light sources, LED can save up to 50% of the power usage of electric lights, which is in line with the emission reduction measures that governments are committed to promote, and is expected to become the mainstream light source. With the growing concept of green, he is deeply optimistic about the future development of the company. He also hopes to get the opportunity to work with the government in 2010 to convert the light source of existing government buildings into green energy.
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