Mitsubishi Chemical plans to double the output of LED phosphor and it is seeking for Chinese plants to achieve this in 2013.
 
The Japanese company holds 50%-80% global market share for red phosphor, and it intends to manufacture red phosphor in mainland China, and has invested 400 million JPY to acquire 30% shareholding in Beijing Nakamura-Yuji Science and Technology Co. And the latter will become OEM for Mitsubishi after the completion of technology transfer.