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  5. Lighting Technologies signed an agreement with LG

Lighting Technologies signed an agreement with LG

13 January 2013 Category: Company Author: Maria Popova

According to the contract LG Innotek Co. Ltd (the 4th world LED manufacturer) will supply SMD assembling line, LED modules inspection line to manufacturing unit in Ryazan as well as impact its core technologies. Production process in Ryazan will be exactly the same as presented on LG Innotek plant in Korea. Lighting Technologies production staff is supposed to pass multi-stage training both in Korea and directly in the new shop in Ryazan.

New shop will occupy 1100 sq. m. area., including 500 sq.m. of clean room, which is also mounted on the highest international standards by IBC Systems using sandwich panels and other equipment of DAGARD company. Clean room class is ISO 9 with possibility of achieving ISO 8.

Expected shop capacity  is 1 million LED-modules per year, which will allow Lighting Technologies to reduce cost price of LED products and speed up lead times.

The agreement is just the beginning of cooperation between leading Russian lighting manufacturer and LG company. Constantly increasing of LEDs purchases, plan to jointly develop and market new innovative LED luminaires.

LG Innotek has a complete production cycle of LEDs - from epitaxy and crystals production to manufacturing finished luminaires. Latest developments and strict quality control enable to manufacture products with the highest performance.

Since its foundation in 2001 LG Innotek shows a sales growth more than 30% yearly.

The annual volume of manufactured LEDs allow LG Innotek to enter in TOP-5 largest producers of such products.

In October 2010, LG Innotek has completed construction of a new production plan in the city of Paju. Investment in this facility were about one billion U.S. dollars. At present this facility employs about 3,000 workers.

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