Nichia LD Strategic Planning

According to Japanese media Nikkei, major LED manufacturer Nichia Corporation plans to invest around 22 billion Japanese yen (about US$197 million) by the end of 2020 to build a new laser diode (LD) factory at its current production base. LD can be used as a light source for projectors, endoscopes and headlights. The Japanese LED maker’s goal is to increase current LD production capacity by at least three-fold by 2020.

The new factory has gone under construction since June 1, 2017 and is scheduled to begin production in February 2019.