China's largest LED chip factory officially put into operation

By LED vendors canyuan (3061) and LCD TV OEM manufacturers Ruixuan (2489), a global panel of South Korea LGD (LGDisplay), mixcrystal (6182), East Bay (2499) jointly established Jiangsu lucidity 18 photoelectric officially put into operation, is expected in the first quarter of 2011. Revenue contribution, because capacity has panel customer LGD grab material package under 5, corporate estimates first years to start the photoelectric lucidity and profit, have the opportunity to reach NT $6~8 billion yuan.

Canyuan chairman Jane tomoto pointed out that lucidity 25 MOCVD (metal organic chemical vapor deposition) machine has been installed, is expected in the first quarter began production planning, to the end of 2011 when MOCVD will reach 50 Taiwan level, can also become the largest Yang China foreign LED chip factory.

LGD purchasing vice president Cui Zaiyi also pointed out that the LGD TV is expected in 2011 shipments will reach 70 million units, the annual growth rate of 35%, of which LED backlight penetration is 60% LEDTV, there are 21 million sets of standards, LED has become LGD attaches great importance to product.

And Cui Zaiyi also pointed out that the LGD will swallow the lucidity photoelectric 5 into production; production planning in terms of lucidity photoelectric 50 MOCVD, LED back light year 2011 will supply 5 million units of TV, 2 million 500 thousand of them are shipped directly to LGD.

Cui Zaiyi further pointed out that all LGD LED 100% in addition to outsourcing, specializing in the production of the LED group's LGIT supply to LGD, lucidity, crystal electric (2448), billion light (2393) were also LGD suppliers.

Legal person pointed out that if the 20 MOCVD computing capacity, can have first years of production of photoelectric Yang great achievements and opportunity revenue amounted to 500 million yuan, with 50 sets of MOCVD calculation, revenue at 1 billion yuan, the 2011 profit is expected to challenge 6~8 million nt.

Lucidity photoelectric yesterday (18) day in Yangzhou held a grand ceremony, the president of LGDisplay, right Yingshou Ruixuan chairman Wu Chunfa, chairman Jiao Pinghai, donbei photoelectric general manager Lin Yihuang, TCL senior vice president He Chengming all panel to the upstream to the downstream LED industry heavyweights are present.

Canyuan photoelectric investment lucidity holding approximately 37.5%, in Wu Chunfa's auspices and LGD Ruixuan a total investment of about 15% of the photoelectric lucidity, East Beizeyue 10%, mixcrystal days ago also announced the investment lucidity photoelectric, scale of investment of about $600 thousand, accounting for the proportion of young ladies is only about 1%. South Korea, a subsidiary of WooreeETI WooreeLED, also in Yangzhou canyuan factory can set up by Yang LED packaging factory, WooreeLED shares of gem rose about 5%.