On January 15th, the market reported that Hon Hai Group and Japanese LED manufacturer Nichia had negotiated patent licensing matters to purchase LED chips directly or indirectly, and actively negotiated to build LED factories in Wuhan Park. Hon Hai denied this rumor.
Hon Hai Group has a long-term layout of the LED industry, including Hon Hai and Innolux's growing demand for LED supply and has a strong interest in the LED lighting industry. Hon Hai itself has set up a photovoltaic industrial park in Wuhan East Lake New High Zone. The first phase of the project was completed in October 2009, with the goal of LED streetlights in major cities in mainland China and the Chinese lighting market.
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