Taiwan is expected to replace 300 thousand LED street lights within 3 years

Taiwan to speed up the transformation of LED street lamps, the next 3 years, Taiwan will be equipped with more than 300 thousand LED street lamps, in order to eliminate the more energy consumption of traditional street lights. According to the Energy Bureau of the Ministry of economy said, September 2011 has been completed in Taiwan replaced 700 thousand LED traffic lights, in recent years there had been a demonstration project and project LED lamp replacement, from the beginning of 2012 of the next 3 years, the Ministry of economy will accelerate the LED lamp replacement program, to promote saving energy and subsidies, improve the the township, county by the proportion of LED street.

According to the plan, the first phase will start from the Taiwan islands and remote areas to do public LED all will be changed to LED street.

The second stage is Keelung, Hsinchu and Chiayi, the 3 provincial cities, through the demonstration city plan, also changed into LED street lights within three years.

The third stage is from the central budget, is expected to be at least 2 billion yuan NT, in five and 17 other counties, improve the proportion of using LED lights, can improve the overall employment, industrial development and the effect of traffic.

Ministry of economic estimates three years, there are at least about three hundred thousand of the LED street lamps in the domestic market. Taiwan market is currently a total of about 1 million 680 thousand traditional street lamps, for the proportion of LED street lamps are gradually improved, the price of each LED street lamp is about $400 to $500.

In addition, Taiwan manufacturers in Miaoli before the Hershey first set a new factory and headquarters announced the completion of commissioning. GA company capital of 288 million yuan, the main shareholder is Hershey management team, Nianxing (holding approximately 12%), Ritek (holding approximately 5%) and other law's shareholders.

In 2012 the company's revenue of NT $240 million, the annual increase of 140%, net income per share 0.7 yuan, their estimated annual revenue target comes at 500 million yuan. The company sold LED street lamps in 2011 about 23 thousand and 600, compared with the same period in 2010, more than 6 well-known growth. Hershey will go for emerging in the second quarter of 2013, 2014 listed at the end of the year. The company's production and sales of the proportion of 4:6, according to the international market, "Leadray" brand marketing, in the United States, Germany, Europe, Middle East and Indonesia, Thailand and with the 2011 pathway stronghold, has been in the Middle East 13 thousand LED street lamp case.