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Sanan Optoelectronics to set up joint venture with South Korea-based companies

Thursday, 10 Apr 2014 08:00pm EDT 

Sanan Optoelectronics Co Ltd:To set up a joint venture in Wuhu, China with two South Korea-based companies.Joint venture capitalized at $2 mln will be engaged in design, production and sale of light-emitting diode (LED) products.The company will hold 49 pct stake in the joint venture.