According to the Chinese Economic Daily, there has been news in the market recently that General Electric may establish a strategic partnership with Taiwanese LED manufacturer Everlight Electronics to avoid LED lighting market competitors such as OSRAM and Philips.
Despite GE's LED chip technology, the company lacks LED packaging technology, which is the main reason why the company seeks to establish strategic partnerships with downstream LED manufacturers.
Bill Yeon’s chairman, Robert Yeh, said the company was unaware of the news. However, he admitted that the two companies had exchanged information when the company held an overseas meeting in April.
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