Posts Tagged ‘Iljin Diamond’

Iljin Diamond, 10 Billion Investment for Expansion

June 29th, 2010

Iljin Diamond LED and Solar Cutting lines and industrial boards plan to invest 100 billion yuan in the next year .

The recent global economic recovery , coupled with growth in the LED and solar industries are increasing the demand for new investment decisions and judgments , they said. Solar LED substrate side and the actual cutting Iljin powder fields sales were 7 billion up from 700 million last year. This year it was increased 10 times to 200 billion .

A company official  said, ” The board affirmed an investment in precision material cutting products and cutting powder and the high value-added products. ” He said ” less than 20% by the end of the scale of the value-added product sales will increase by 40 percent , ” he said.