A total investment of 6 billion! HC semitek Yiwu plant officially put into operation

According to reports, after nearly a year of construction, HC semitek Yiwu plant project officially put into operation in July 15th, the company president Liu Rong said that the Yiwu plant put into operation, marking the HC semitek first stage of a new round of expansion is completed, by the end of this year, the company's 4 inch LED chip production capacity can reach 425 thousand / month that will ease the current tense situation in large capacity, improve product market share.

Yiwu factory plans a total investment of 6 billion yuan, more than 280 acres of land, after all of the new 250 thousand / 4 inch LED epitaxial chip production capacity, the current production of the first phase of the project, investment 3 billion yuan, covers an area of 140 acres, to form a LED chip of 150 thousand pieces per month by the end of the sapphire substrate 200 thousand / month capacity.

It is reported that the current global LED chip expansion mainly concentrated in the mainland of China, while domestic manufacturers of the expansion in Sanan optoelectronics and HC semitek largest, including Yiwu plant, HC semitek from 200 thousand / month in 2016, expanded to 425 thousand / month of 2017, the expanded production capacity of 225 thousand, doubled more than one time, the company in 2017 sales revenue will be substantial growth. HC semitek recently disclosed interim results notice, expected net profit of 213 million yuan -2.28 million yuan this year 1-6 month, an increase of more than 300%. Liu Rong revealed that this year the company's sales revenue is expected in 2016 1 billion 580 million yuan, an increase will reach more than 80%, and strive to achieve the goal of 3 billion yuan.

Dramexchange consulting LED Research Center (LEDinside) in reservoir research associate said, China chip industry ushered in the expansion after expansion frenzy, including HC semitek, domestic chip manufacturers in the global market share increased, if the planned expansion, to the end of 2017 the mainland LED chip production capacity accounted for the global ratio more than 50% is expected, Sanan optoelectronics and HC semitek global market share rose to 22% and 13%, ranked first, second place in the world. He also said that with the expansion, LED industry has entered the mature stage.

IDG capital partners, HC semitek chairman Yu Xinhua believes that the future of LED industry will focus on automotive lighting, plant lighting, intelligent lighting, as well as small spacing of LED, MircOLED and other new applications for growth breakthrough. He also said, IDG will continue to be a key link around the semiconductor industry chain platform established enterprises, vertical integration and horizontal, while continuing to do Dahua Chan optoelectronics, the company will create the first-class international LED manufacturers.

HC semitek vice president Wang Jiangbo said, the company continued to increase R & D investment, small spacing LED, flip chip MiniLED newly developed has been introduced to the market, MircoLED is also developing.

At present, HC semitek has been in Wuhan, Suzhou, Yuxi, Yiwu 4 production bases, in addition to the upper reaches of the sapphire substrate technology enterprises also completed the acquisition of aquamarine, sapphire substrate and epitaxial chip integrated LED production plant in Yiwu, will become the company's largest production base, and promote the development of downstream enterprises to invest and build factories in Yiwu, according to understand the first big packaging companies also Linsen will invest 5 billion 500 million yuan in Yiwu plant.

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