The investment brings a number of advantages not just to Lighthouse, but to China and the Huizhou area as well, says the company. With RoHS compliance, the manufacturing facility is an eco-friendly investment, well aligned with the Chinese government's low carbon development policy put forth in 2009. It's also an investment that brings some of the most advanced technology and management experience to China.
For residents of Huizhou, the facility has also been an important source of economic growth, bringing more jobs to Chinese citizens and contributing to Huizhou's GDP and government revenue. And, following the acquisition, factory employees can now receive advanced training, giving them important skills that will aid them in their career development.
Lighthouse customers will also see benefits from the investment. Full ownership allows Lighthouse to increase production capacity, improving supply efficiency while maintaining excellent quality. It also ensures a solid link between each stage of the production process, from idea conception to design to manufacturing, effectively accelerating the time-to-market.
"Lighthouse has established itself as an industry leader in the international LED display market, and we require the most advanced technologies to continue meeting market needs and to continue building our reputation," said Peter Chan, general manager at Lighthouse. "We will continue investing in our Huizhou facility as the LED screen market holds tremendous potential, with demand booming in China and around the world."
(Jim Evans)
