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This article comes just days after Mitsubishi chemical announced sales of its Verbatim brand LED retrofit luminaire sales in Europe. According to the Nikkei article , by fiscal 2012, Mitsubishi Chemical will reportedly install a production line at its factory in Ibaragi prefecture, northeast of Tokyo, and also by fiscal 2012, and it will start mass production of gallium, nitride substrates for LEDs.

As the company is investing heavily in the LED lighting market,

Mitsubishi Chemical will reportedly ramp its production capacity 250 percent for LED components to 100 million units per month from 40 million, the article indicated.

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