Crystal electric to acquire wide gallium Taiwan LED industry reshuffle

China's Taiwan region's largest light-emitting diode (LED) epitaxial wafer photoelectric manufacturers are launching a new wave of mergers and acquisitions, mergers and acquisitions plan second LED epitaxial plant Guangjia, to alleviate the shortage of production capacity.

Reports from the local media in Taiwan, crystal electric will be the first acquisition of the founder of the kingdom of France, one of the 30% countries held a wide range of gallium shares, and then discuss the merger, has now entered the final negotiations.

Crystal electric in succession merger Guolian, Yuan arsenic, Lianquan, Lian Yong, has become the world's largest red LED and third blue LED chip manufacturers, if the crystal electric re acquisition of Guangjia, Blu ray LED can produce a breakthrough in 2 billion, the oppression of other LED extension works, such as: canyuan, Taigu, new century competitiveness of Taiwan LED market reshuffle.

Crystal spokesman Zhang Shixian yesterday (5), said that there is no mention of this, but the crystal red LED and blue light LED full capacity, crystal electricity is looking for the fastest, most economic expansion of the capacity of the way.

Guangjia chairman Chen Jincai pointed out yesterday, have not heard of this acquisition, but with large shareholders in a leaf for a long time, the integration has been a positive view of the LED industry, and the whole international competitiveness to help Taiwan LED, "Guangjia selling a good friend, the pursuit of the people have a lot of, and even compete in international companies".

Yesterday the stock price rose 4.8 yuan crystal electric, in order to limit the closing price of 74.5 yuan; Guangjia yesterday rose 0.39 yuan, 20.4 yuan to close, Yulon group is the second largest shareholder of gallium.

It is understood that the country intends to sell a held 30% equity Guangjia, crystal electric in October last year to the intellectual property court filed a patent infringement lawsuit, accused Guangjia infringement, and demanded compensation of 200 million yuan, is one of the transaction catalyst. With the major shareholder of crystal billion light has wide gallium phase, resulting in crystal power, Guangjia both sides hit it off, is to study the details of the transaction, once the deal is completed, the infringement can come to an end.

Crystal electric board in late March through the handling of cash capital increase of 500 million shares, which raised 20 billion yuan, the industry's attention; EPISTAR chairman Li Bingjie had announced that, to prepare for the pre merger, target and crystal electric complementary extension manufacturers not listed.

Crystal electric and gallium win

A financial tsunami, that companies are of vital importance test, also let the industry a separate knockout, industry leading manufacturers are the biggest beneficiaries of the financial tsunami.

The industrial boom in the second half of last year frozen, LED industry in January this year also can not see where the order is not expected in March, the influx of rush orders, crystal electric blue LED capacity immediately loaded, by May, the red LED followed with the industry changes, that has 20 years of experience in the LED industry people see "a blank".

LED industry orders soared, mainly from the new demand; LCD TV including Samsung LED pushing the backlight, notebook computer (NB) demand for LED also exceeded expectations, with the financial tsunami that was originally a factory extension expansion plans have been scaled back, and the gap caused by production.

Crystal electric capacity full, large demand mainly from the backlight source, crystal electric is currently in Taiwan only have the ability to supply a NB backlight LED factory, through the merger, EPISTAR can increase productivity, Guangjia can improve shareholder value, and solve Guangjia delays the listing plan, it is a win-win situation.