Application of LED to broaden the market scale expansion of listed companies get ready for battle

LED stock plate Sanan optoelectronics industry leader A new force suddenly rises., trading yesterday, 4 trading days rose 26.5%; for Elec-Tech 3 billion yuan into the LED funds also limit to close. Analysts said that with the breakthrough in the field of luminous efficiency and other core technologies, the scale of the domestic LED is rapidly expanding, the industry chain has gradually opened up, LED is expected to have a larger development in the next two years.

Broaden the application of the industry to change the pattern

"Time is the value, the earlier put into production, the future development of the company more favorable". The deputy general manager Wang Dongming recently some in a hurry to depart. December 16th just participated in the foundation of Wuhu 3 billion yuan LED project, and went to Yangzhou to participate in the opening of the project on the 20. This time from the company plans to disclose additional plans, only 2 months.

Wang Dongming introduction, the company entered the LED, is a fancy to the industry's huge market prospects and higher gross margin. He said that taking into account the application of a huge market share, the company is gradually increasing investment into LED applications.

SW home appliance industry analyst Mao Ping said, at present the domestic leading packaging and application of the company's average gross margin at 40%-50%, net interest rate of 20%-30%. "

With the LED luminous efficiency breakthrough, product range has been expanded. A mobile phone screen to LED device is about 10, but a 42 inch LCD TV is 1000 LED, Xiangcai securities Chen Gang, LED by virtue of its excellent performance, in addition to be applied in the field of lighting, but also continuously improve in the TV backlight field penetration.

Societe Generale Securities Liu Liang said, in 2010, the global LED backlight is expected to grow rapidly, is expected to demand 30 billion TV, notebook PC demand of 6 billion, the phone needs of 7 billion. This figure is 8 billion times more than in 2008 in the LCD panel on the growth of 4 times.

It is to see the prospects of the industry, the brightest funds have flocked to LED. Sanan optoelectronics has LED upstream core equipment MOCVD from 18 units to 22 units, the Tianjin project will add 20 units; Silan also plans in 2010 to MOCVD from 6 increased 10, and the extension of capacity doubled; Elec-Tech plans to purchase 30 sets of MOCVD about the future.

Industry concentration will increase

At present, there are more than 60 domestic LED epitaxial and chip companies, LED packaging companies,, LED application companies are close to 2000. However, the true realization of the downstream companies are still very few, the annual output value of billions of dollars of the company, only a few dozen. In the rapid expansion of the scale of the industry, the layout of foreign manufacturers in the background, the domestic industry urgently need to shuffle.

Microtransistor photoelectric general manager Xiao Guowei introduction, the world's five largest manufacturer of LED, Lumileds and CREE are not satisfied with the chip and wafer monopoly, but through a series of acquisitions, the development of the industry chain from upstream to downstream and application, and through the combination of patented products, enhance the brand effect. It is noteworthy that PHILPS and Cree and other companies through equity, mergers and acquisitions, such as traditional lighting companies, and actively expand the Chinese market, domestic enterprises will face greater competitive pressures. "

At the same time, industry integration is conducive to reducing costs. "At the beginning, we did not want to do the chip and epitaxial slice of this piece, but from the current development trend of the industry point of view, mastered the high-end technology, open up the industry chain, in order to obtain market discourse. Wang Dongming introduction, the law of the electronics industry is constantly reducing costs, the rapid expansion of the market, and has the core technology to keep pace with changes in the market. On the other hand, LED on the middle and lower reaches of the gross profit margin, to achieve industry integration is conducive to reducing the cost of the company, enhance product competitiveness. "

In addition, policy factors are also stimulating the industry reshuffle. According to reports, the amount of government orders are more than one billion yuan, the finalists must have at least 50 million yuan sales scale, and have sufficient cash flow capacity to accept more than 1 years of deferred payment. The current domestic revenue of billions of dollars in LED packaging or application vendors only about 10, it can be predicted that the future of the LED market and favorable policies will focus on leading manufacturers. "