The Export Processing Zone Administration (EPZA) of the Ministry of Economic Affairs (MOEA) convened an investment application review meeting on 25th June 2015, and two new investment applications, including Hugo Electric Co., Ltd. and Taiwan Super Trend Lighting Co., Ltd. were approved to invest and station in. The total investment figure amounted to NT$145 million, which is expected to increase 40 job vacancies.
And the details of investments were as follows:
1.Taiwan Super Trend Lighting Co., Ltd. invested NT$100 million and entered Kaohsiung Software Park (KSP) to provide R&D, design and product sales services for LED filament lamps and smart lighting.
2.Hugo Electric Co., Ltd. invested NT$45 million and applied for stationing in Kaohsiung Export Processing Zone (KEPZ) for selling electronic equipment and providing planning, design and other professional services of related electronic facilities.
According to EPZA, Super Trend Lighting Group has originally manufactured and traded LED chips and power saving lighting in China and Hong Kong for over thirty years, and has successfully introduced its products into European and American markets. In consideration of Taiwan's advantages in industrial design, counseling software, electronic technology resources, and talents, Super Trend Lighting Group entered Kaohsiung Software Park and stationed its smart lighting R&D center for developing and promoting new LED lighting sources.
The most significant is its LED technology. It saves more power and does more environmental protection than traditional incandescent lights, halogen lamps and power saving lights. In addition, it also makes obvious improvement in luminous efficiency, reliability, and life period. Applications and development of its smart lightings not only improve efficiency and usability, but also make an enormous technical innovation against traditional lighting. Taiwan Super Trend Lighting Co., Ltd. has selected a marketing channel to cooperate with, and its products are planned to go public and sale in the end of 2015.
The EPZA also indicated that Hugo Electric Co., Ltd. has participated in power system implementations of various domestic and foreign major infrastructure projects. In consideration of power requirements in newly industrialized countries, Hugo Electric Co., Ltd. set up its operation center in Kaohsiung with a view to Asian market, and especially to Far East and Southeast Asia.
Spokesman: Mr. Chien Min Chao (Deputy Director General, EPZA)
Contact Number: 886-7-3644880
Email: min@epza.gov.tw
Contact Person: Wu, shu-fen (Chief of Investment Section of the Third Division)
Contact Number: 886-7-361-1212 ext311
Email: wusf@epza.gov.tw