LED.
LED International, a manufacturer and distributor of large light emitting diode (LED) screens and lighting listed on AIM on the 23rd of October 2006. The company was founded in February 2004 and it develops and sells large LEDs from a flexible low-cost assembly base in Shenzhen in Southern China. The company aims to become a leading supplier of large block panel LED screens and LED lighting in China and hopes to expand its activities in the overseas markets.
The LED market is expected to hit £55Billion in 2008 in China alone.
Low cost base producing very high margins(25% in 2005)which allows LED to undercut all competition.Trading update due(remember SOLA)which should ignite the share price.
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