Taipei, May 7, 2012 (CENS)--TYC Brother Industrial Co., Ltd., one of Taiwan's leading auto-lamp makers, estimates its energy-saving lighting operation will begin turning a profit this year after three years of operation starting in 2009 mostly thanks to robust sales in mainland China.
So far, the company's energy-saving lighting business has snatched an estimated RMB250 million (US$39 million at US$1:RMB6.3) worth of orders for 100,000 streetlights in the mainland, according to the lighting business's general manager, M.H. Chou.
He noted that the business has secured an estimated RMB70 million (US$11 million) orders for 22,000 streetlights in southern China, an estimated RMB25 million (US$3.9 million) orders for over 10,000 streetlights in northern China, and an estimated RMB150 million (US$5.1 million) orders for 60,000 streetlights in Anhui.
To cope with strong demands, the company is planning to increase annual capacity by 350,000-400,000 streetlights by building new factories in Jiangsu and Anhui Provinces in the mainland at total expenditure of US$30 million.
In Kushan of Jiangsu, TYC's energy-saving lighting business plans to build a new factory on 5,445 square meters of land at a cost of US$20 million to turn out 250,000-300,000 streetlights a year and a factory in Anhui at cost of US$10 million to produce 100,000 lights a year.
The lighting business is operating a factory each in Tainan, southern Taiwan, and in Kunshan and Fuzhou of the mainland, manufacturing five models of efficient streetlights with energy-saving approvals in Taiwan and the mainland.
In pursuit of broader business coverage, the company expanded into energy-saving lighting sector in 2009 using its secondary optical expertise for auto lamps. Its energy-saving lighting business has been good at high-power lights primed for public work projects.
(by Ken Liu)