U.S.-based SemiLEDs Corporation recently laid the foundation of a new USD350 million LED chip project, Xurui Optoelectronics, in Nanhai in Foshan, Guangdong province.

Toshiba subsidiary Toshiba Semiconductor (Wuxi) Company Ltd. has signed an agreement with Nantong Fujitsu Microelectronics Company Ltd. on the establishment of an assembly and test joint venture in China.

Shanghai Chemical Industry Park Industrial Gases Company, a 50-50 joint venture between Praxair Inc. and Air Liquide, two leading global suppliers of industrial gases, was recently awarded a 15-year industrial gases pipeline supply contract to supply hydrogen and carbon monoxide to Bayer Polyurethanes (Shanghai) Company.

Japan's Toshiba and Jiangsu-based Nantong Fujitsu Microelectronics have signed a memorandum of understanding to set up a system LSI chip assembly and testing joint venture in Wuxi.

The French industrial group, Valeo, has announced that it has increased its shareholding in its Changchun-based compressor development and manufacturing JV which will be re-named Valeo Compressor (Changchun) Company Ltd.

The Shenyang-based manufacturer of distributed electricity generation equipment, A-Power Energy Generation Systems, has been chosen to supply wind turbines to a China-U.S. joint venture project which will develop a 600MW wind farm in Texas, USA.

Industrial gas provider Praxair (China) Investment Company has set up a joint venture in Guangzhou with the China Petroleum and Chemical Corporation; and this is the first alliance between the two companies.

Praxair China has signed a new contract to supply liquid nitrogen to Chery Automobile Company, one of the leading automobile manufacturers in China.

Fertilizer King Corporation Limited, a new joint-venture company formed by investment company All Asia Licensing Inc. and Beijing Xinxinshengda Biology Engineering Technology Company, has been incorporated in Hong Kong.

Zhuhai-based Gree Electric Appliances, has signed a strategic agreement with Daikin Industries and, according to the agreement, the two sides will cooperate and to jointly develop high efficient and energy saving air conditioners in China.