Sanan to buy more MOCVD systems with government subsidies

Sanan Opto Electronics, a China-based LED epitaxial wafer and chip maker, received subsidies of CNY93.135 million (US$14.1 million) from the local government in Xiamen to buy 30 sets of 4-inch MOCVD systems, according to industry sources cited in a DigiTimes article.

Based on its current production capacity for blue- and green-light LED chips, the industry sources indicated that Sanan’s portion of China’s LED chip market will likely grow to 32% in 2017 from 27% in 2016.

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