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.

A group of 317 companies from the Nanhai District, Foshan in Guangdong, has signed a commitment letter with the local environment department on environmental protection.

AOC, one of the world's top Chinese monitor manufacturers, has announced plans to build a LCD module and LCD television plant in the flat-panel and LCD monitor industrial base in Nanhai District, Foshan, Guangdong Province.

Toshiba Corporation has announced that the company has turned the joint venture it ran with top Chinese electronics maker TCL into a wholly owned subsidiary by acquiring the remaining 10% stake of the joint venture for JPY200 million.