The company had planned to invest about 150 billion won ($120.6 million) in its domestic LED plant, but Hur said that amount "will be nowhere near enough; our capital expenditure will rise faster than expected". The comapny is considering options to raise cash without hurting the company's financial base.
The company already has plans to issue convertible bonds and bonds with warrants in August to raise 100 billion won in total. While securing cash internally, issuing new shares could be one option, though there was no firm plan for a fund-raising deal in the second half, the executives said.
Product Specialist Matthew Alexander says, "Unlike other lighting options, LEDs provide an optimal spectrum of light for growing plants inside. Just as important, they can be a safer alternative to incandescent light bulbs because they don't generate as much heat."
LED Grow Lights may be more expensive than incandescent options on the surface, but over time they offer real value. Gardeners won't have to change light bulbs as often, as LED Grow Lights last up to 50,000 hours (which equates to more than five years between changes).
"A common misconception is that people need a greenhouse, a lot of space, or a lot of expensive equipment to successfully garden indoors," says Alexander. "With LED Grow Lights, that isn't the case. The LED lights can cover a few square feet or as much as 50 square feet depending on the model. That means consumers can have an indoor garden as big, or small, as they want it to be."
The National Development and Reform Commission of China (NDRC) and the United Nations Development Program (UNDP) signed a joint agreement “Green Lights Project” to promote the use of energy-saving lamps (ESLs) in China. China has announced that it plans to gradually phase out incandescent lamps in three years. As a majority of LED chips in China are acquired from Taiwan, this project will certainly serve Taiwan LED chip makers a long-term order on a silver platter.
没有评论:
发表评论