Industry News
San’an Opto and Silan Microelectronics Receive Large Government Subsidies
Chinese LED manufacturers San’an Opto and Silan Microelectronics both announced receiving massive subsidies from the local government recently. San’an Opto announced it received subsidy worth RMB 150 million (US $22.89 million) from the Xiamen Torch High-tech Industrial Development Zone management team in China. The subsidy is part of an investment agreement that the company signed