Jiujiang Export Processing Zone started construction of 1 billion yuan project
Jiujiang Export Processing Zone re-transmitted good news. Jiujiang赛赛科技有é™å…¬å¸ invested 5 million pieces of sapphire crystal production project broke ground recently. The project was officially signed on October 9 this year, covering an area of ​​248 acres, with a total investment of 1 billion yuan. The planned construction area is about 120,000 square meters, with 8 production plants, scientific research buildings, staff apartments, office buildings, etc.
Sapphire is one of the important raw materials for the production of semiconductor light-emitting diodes (LEDs, a new type of all-solid-state lighting devices). It has long been controlled by a few foreign manufacturers. This has objectively caused the Chinese LED industry to be in the long-term. The downstream earns a meager profit with the comparative advantage of the cost of labor. As of 2009, there are about 3,000 companies in China focusing on the LED application industry. The LED industry chain is increasingly competitive in the middle and lower reaches, while there are few successful domestic companies in the upstream of the industry. Jiujiang Saiyu Technology Co., Ltd., together with relevant professors and industry veterans of Tsinghua University, has decisively entered the field and strives to become a waver of the standing technology trend. The production of 5 million sapphire crystals is expected to be completed in the first half of 2012 after an 18-month construction period. After the project reaches the standard, the output value will reach 3 billion yuan.
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