Jenn Feng Branches Into LED Lamp Production

Taipei, March 31, 2006 (CENS)--Power-tool supplier Jenn Feng Group recently announced it has been cooperating with Taiwan' s National Central University to introduce leading-edge, 180-watt and 30-watt light-emitting diode (LED) lamps for sales in the growing market segment.

The group' s chairman and chief executive officer (CEO), David Jong, pointed out that his company had already secured orders from foreign distributors and would begin to deliver the products in August this year. Jenn Feng, he added, would start introducing 50-watt products by the end of 2006.

Jong went on to explain that his company would simultaneously offer own-branded and OEM-based lamps. He believes that the new business line will significantly boost company revenue next year.

Jong reported that Jenn Feng' s advantage in producing the high-power LED lamps is its technology for making aluminum nitride (AIN) heat dissipation modules. His company worked with Ching-cherng Sun, a professor at the National Central University' s Institute of Optical Sciences, on the high-powered LED lamp project. It is applying for patents for the technology in many countries.

Jong pointed out that the LED lamps his company co-developed with the university feature high efficiency, low pollution, low cost, and modular design. Their 30-watt lamps will first target the US$300 million market for PAR lamps used in homes and offices.

A study recently released by E. Sun Securities estimated that the world lighting market was worth about US$9.4 billion in 2002, with fluorescent and incandescent lamps accounting for a combined US$4.3 billion. The market grew to around US$10 billion in 2003 and is forecast to increase at a 5-6% pace in each of next few years. Jong indicated the figures suggested that there is ample room for LED lamps to grow in the world lighting market.

Sun forecast that LED lamps would emerge as the most common lighting source by 2010, with an estimated market share of at least NT$1 trillion (US$31 billion at US$1:NT$32). He said that the LED lamp is noted for its greater power conservation and durability than fluorescent and incandescent lamps.

Sun pointed out that the incandescent lamp wastes a great amount of energy because the tungsten filament burns at 1, 300 to 1, 600 degrees Celsius in order to light up. In 1999 alone, lighting equipment consumed around 2.3 billion kilowatts of electricity per hour across Taiwan, an amount roughly equaling the amount that a nuclear power plant generates.