Chuan Hua Ying, billion light joint venture intends to set up a new company LED

DIGITIMES reported in February 14th that CPT and Everlight is discussing a joint venture LED new company, the two companies in order to increase the influence in the white LED package and backlight module in the field, and the two companies hope that the next few years have more partners to join the new company. It is reported that the founder of the new company will reach 1 billion yuan (equivalent to $31 million 400 thousand).

The face of the rumors, CPT spokesman pointed out that the company has established business cooperation and billion light, believe that the tablet development occupies an important position in the LED market, so although the CPT is currently no investment action in the field, but did not rule out the possibility.

Billion light has been the LED industry as the long-term development plan, and has established cooperative relations and EPISTAR, so the industry is optimistic about the billion light and CPT cooperation matters. But at the same time, they also analyzed the unfavorable factors of the two companies to form cooperation: first, if the new company will be business as the backlight module, the scale of production may lag behind competitors; second, CPT of Fuhua electronic investment has also increased the uncertainty of the incident, because, the business has expanded to LED package field. (http://www.digitimes.com)

Source: China Semiconductor Lighting Network