From the BOE Julong photoelectric holding 40% project can be difficult to set up

Recently, and on the BOE Julong photoelectric cooperation and new news. According to the LCD industry, a senior observer, the BOE has been fully involved in Julong photoelectric projects. Julong photoelectric early by SKYWORTH, TCL, Konka and Changhong four color TV giants in Shenzhen set up a joint venture, the original intention is to launch the LCD panel project, but due to lack of funds and lack of technology, Julong photoelectric trigger hot industry decide on what path to follow. The involvement of the BOE provides the greatest possible solution to the problem.

It is understood that after the intervention of BOE Julong photoelectric, BOE accounted for 40% in the equity allocation, which accounted for 20% of technology shares, capital shares accounted for 20%; ultra technology investment company investment accounted for 20% of the shares; the remaining 40% of the shares from four home appliances manufacturers in 10% split.

Reporters call the executive vice president of the board of directors of the board of directors, Chen Yanshun verification, Chen said the timing is sensitive, inconvenient multi language. However, according to one source said, a former vice president of the BOE said the day before yesterday, the BOE will be announced in the near future events.

If rumors are established, with a total of 40% of the shares, the BOE will become the largest shareholder julong. Zhang Xingang, chief analyst at the LCD network seems to be involved in the depth of the BOE Julong photoelectric project is not impossible. He said: "I am afraid to do so mainly in the BOE three considerations. First, the BOE itself is facing pressure to upgrade the production line, it wants to build a 6 generation line or the 7 generation line, is not a secret. Just this time can be achieved by Julong photoelectric project."

BOE's second consideration is to extend the industrial chain. While relying on AOC technology, BOE has more firmly grasp the field of liquid crystal display market, but the scale of equity Julong photoelectric just for the BOE and downstream four home appliance manufacturers to expand cooperation, provides a rare opportunity to intervene in the LCD TV market.

In addition, Corelle is currently in the mainland Chinese siting, construction of a glass substrate production line, BOE and SVA is for Corelle will be able to choose the site around yourself and fight. Since last month announced SVA 6 generation line will be launched a plan for Corelle project competition, BOE lags behind. As a major shareholder of Julong photoelectric, launched a more advanced production lines to expand production capacity, will undoubtedly increase the competition for Corelle's BOE production line chips.

The construction of "BOE can respond to some time ago SVA proposed a 6 generation line plan." Zhang Xingang pointed. However, if you want to compete for the Corelle production line, the BOE will have to vigorously promote Julong photoelectric northward factory. On the one hand, the localization of liquid crystal industry in Shenzhen far less than Beijing, on the other hand, if the factory is built in Shenzhen, the glass substrate expensive transport costs, is bound to be detrimental to the BOE Corelle production line. In fact, as far as I know, the Beijing municipal government is also actively promoting the matter." Zhang Xingang said.

However, the difficulty of promoting poly north is obvious. Now as the Julong photoelectric chairman Yu Zhonghou from ultra technology investment company, the company's founder is the Shenzhen municipal government funded. Shenzhen municipal government as an investor, naturally expressed the hope that the project will remain in the local. Moreover, the home appliance manufacturers are afraid to see the case of Julong photoelectric northward. It is understood that most of the people to actively promote Julong photoelectric project SKYWORTH executives Wang Dianfu. Moreover, Wang Dianfu and honest is a partner for many years, two people have worked in the early years of the Ministry of electronics industry, and in the SEG group period, the former president of the president or chairman of the board has been the same as the two executives. "They will naturally support each other to stay in Shenzhen." Analysts pointed out.

It seems that in the end whether the poly north, BOE also faces many difficulties. However, perhaps do not have to pull Julong photoelectric northward." SVA Market Research Manager red said, "the so-called local matching rate, both Beijing and Shanghai are still in low level, even China Taiwan but also about 20%. In this sense, the project in Shenzhen or Beijing does not seem to be much difference."