The largest China-based LED packaging service provider MLS has signed with US-based LED lighting vendor Lighting Science Group (LGS) and LGS' subsidiary LGS MLS JV Holdings (SPV) to establish a US-based joint venture, Global Value Lighting, with MLS to invest US$4.9 million for a 49% stake and SPV to hold a 51% stake, according to MLS.
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via Yuichun
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