Crystal Electronics: 2016 more confident that next year is expected to enter the innovation layer

Ten years of accumulation, Crystal Electronics with self-developed master wafer level flip chip technology for the "arena" status, and successfully listed on the day before the new board.

Crystal Electronics was founded in August 2006, has been focused on flip chip technology breakthrough, and through the no gold package integrated circuit wafer level package into the LED industry, thus opening the flip no gold package trend, become the leading package of flip chip technology based on domestic enterprises.

Listed three new board logic, next year is expected to enter the innovation layer

In April 29th, Crystal Electronics will be listed on the new board, and then in June 16th in the center of the transfer of shares in the small and medium-sized enterprises hold the listing ceremony bell. As a science and technology manufacturing entities, which is an important step towards opening up the electronic capital market.

Landing on the three new board in terms of crystal is logical, is a new starting point, a small step for the crystal branch provides a better financing platform to meet the needs of market expansion. Xiao Guowei, President of crystal, said, the current increasingly fierce competition in the industry, companies have to reflect the scale effect, so the capital market is a necessary stage for enterprises to expand. "

Crystal CEO Xiao Guowei

It is understood that the national share transfer system issued by the National SME share transfer system listed company hierarchical management approach (Trial) will be implemented from June 27th. In this regard, Xiao Guowei think this is a good direction, for now, three new board listed a number of enterprises, the main investors are uneven in quality, from institutional investors, are more suitable for professional investors, Jinko, relatively speaking, professional investment institutions have more confidence to do the assessment, crystal branch. He added that there are confident that the next year to enter the innovation layer crystal.

Results showed growth in 2016 with more confidence

In the context of the LED industry boom down, the crystal division still handed over the beautiful answer. According to the results, in 2015 operating income of 309 million yuan, an increase of 43.42% in 2014, net profit of $11 million 370 thousand, an increase of 619.33%. Came in 2016, the first quarter results showed an explosive growth in electronic, compared to the same period last year, an increase of nearly 200%.

In the field of TV backlight, crystal branch successfully developed a series of well-known domestic and international TV customers, showing steady growth. In the lighting field, the first quarter of 2016, growth in orders is very obvious, the current situation, basically in the state of full year orders.

Xiao Guowei said, the core crystal, the performance of steady growth is not the same with other enterprises, take the strategy, adhere to seek technical innovation, product innovation, focus on the high-end market, make its own brand and channel construction, and is not a simple price war.

"On the market in the first half of 2015 the overall situation is not too good, and major customers in the adjustment of product structure, their market has not yet fully unfolded; in addition, crystal, after listing the first round set by has been successfully completed, the production capacity is also expanding. Expected second quarter results are expected to achieve doubled year on year growth in 2016, the overall revenue is expected to grow by an annual rate of 60%. Xiao Guowei said.

CSP recent major application market is still high power

Crystal Electronics flip CSP in 2016 years has brought Yazhan, high efficiency SMD and COB products, is a novel cube shape as the core image of the booth.

The COB series of products, is the mature flip chip technology based on the requirements for different applications, the latest results of the corresponding optimization launched; the product is to flip flip CSP LED based development, with more obvious price in the application of high power, good heat dissipation, basically can be ignored the package off heat, Jinko flip CSP products are mainly non support, smaller volume, for example, 13131616 specifications, the same chip size, can bear greater current density, from the customer end application in terms of words, with optional more.

Xiao Guowei said that the recent flip CSP application market is the most important in high power, so the first used in the TV backlight; in the lighting field, mainly high-power lighting source, indoor and outdoor lighting, CSP has certain advantages, so CSP's market share will rise, but compared to the small and medium power, or to SMD encapsulation.

Focus on LED devices and modules, adhere to technology, product innovation

"Since its inception, always adhere to technological innovation, crystal products, innovative ideas, rather than simply do low-end manufacturing, repeated work, stable growth performance and lay a solid foundation," Xiao Guowei said, "this is why Jingke can win many international major customer orders in the high-end competition increasingly in the fierce market. "

In the case of intense competition in the industry as a whole LED, many companies have opened up even in the area of non LED market segments. In this regard, Xiao Weiguo said that the crystal, there are also doing research and development of LED market segments, but not cross non LED industry, crystal branch has been focused on the LED industry, focusing on LED devices and LED module, when the market segments have a certain size, Crystal Electronics will decisively cut.

When talking about future development, Xiao Guowei said that the next two or three years, the division will be committed to the development of LED devices and modules leading brands, especially in the high-end market, take the international road. At the same time, in the intelligence, beyond the LED application, and hope to cooperate with customers to provide better solutions. Crystal will