Malaysia Kelington Group Bhd (KGB), which is principally engaged in ultra-high purity gas and chemical infrastructure, has scheduled to further expand the LED market of China.
 
According to Group president and chief operating officer Ong Weng Leong, the company already had LED jobs in China but expected to capitalize further on the growth prospects there. Ong thought that the demand for LED lights was spurred by international events such as the 2008 Olympics. He said that the only challenge facing the LED industry was the higher cost of such products. One of the obstacles is cost. But with mass production in the future, the price will come down.
 
Additionally, Ong said Taiwan also offered good prospects in the LED industry. Taiwanese government has decided to invest 2.8 billion Taiwan dollars (RM297.89mil) within three years to replace the existing 326,000 mercury street lights with LEDs. The move is estimated to generate 4.5 billion Taiwan dollars in production value for the LED lighting industry and save power consumption by 143 million kilowatt-hours per year.