Nichia increases LED production capacity

Nichia increases LED production capacity
Nichia Corporation aims to double LED production capacity at its Tatsumi manufacturing site in an attempt to counter Asian competition, according to Japanese newspaper, Nihon Keizai Shimbun.

http://compoundsemiconductor.net/articles/news/8/5/24/1
Nichia currently has a 70% share of the global market for LEDs. However, it believes by increasing production it can be more competitive, and increase its share of lower-end markets, such as LEDs for lighting cell phone keypads.

The company will construct a six-storey building, costing ¥4 billion ($360 million), and install manufacturing equipment worth ¥20-30 billion, says the report.

Nichia currently has a 70% share of the global market for LEDs

Am I the only one that finds this claim incredable??

I'd be willing to venture they meant white LEDs. That I could believe, after talking to other market leaders.

You say "white LED," and the average response is "Nichia" - I'd say 70% of the market isn't unreasonable.