Into the LED industry in Dongguan, Taiwan companies seeking break

Under the situation of the global economic recession, it is difficult for Taiwan businessmen. How to do? The reporter learned yesterday, Dongguan well-known Taiwan funded enterprises Lite on technology increase in the LED (light emitting diode LightEmittingDiode English abbreviation) industrial investment, attracted huge loans, hopes the LED industry to create new profit growth point. Coincidentally, the Taiwan businessmen in the big brother Fuji Yasushiya plans to enter the LED industry.

Analysis of the industry, the LED market to maintain rapid growth, Taiwanese companies involved in the industry to get more financial support, so as to live safely through the winter".

Taiwanese alliance to seize the LED Market

Lite on technology is a listed company in Taiwan, with a number of factories in Dongguan, Changan, Shijie, Qingxi Town, nearly 20 thousand employees, and in the science city of Guangzhou has R & D institutions and factories. In HP, DELL, BenQ, ASUS, Lenovo notebook computer, with almost all power Lite production.

Yesterday, the reporter learned from the technology, the company in addition to the most well-known power, and to strengthen the input of the LED industry, attracted many banks combined with high loan. It is understood that 15 banks such as Citi to Lite injected NT $15 billion loan. According to the technology insiders, before a Lite is involved in many computer peripheral products, such as keyboard, CD-ROM etc., but the effect is not ideal.

The only Taiwan enterprises involved in the LED industry is not on. Reporters learned that many large Taiwan funded enterprises, such as EPISTAR, Everlight, I-Chiun are entering the LED industry, another in the Chinese quite well-known Taiwan funded enterprises is Foxconn. Foxconn has plans to build LED project in Hubei, Wuhan. The main way is to use the Taiwanese alliance, with the same type of products to Taiwan or mainland enterprises to form a partner, together to seize the mainland LED street market. A Taiwanese businessman said.

Reporters learned that, in fact, the coveted LED market is by no means only Taiwanese, Dongguan local enterprises have action. Shilong Town, a private enterprise invested tens of millions of dollars into the field of LED, the goal is as a substitute for imported products abroad. "Our quality is similar to theirs, but the price is lower than theirs. "

Easy access to loans into the LED industry

Due to energy shortages, the future LED market will expand rapidly. People in the industry said that 2009 will be a year of rapid growth of LED lighting, the global LED street lamp shipments are expected to rise rapidly from 900 thousand in 2008 to the 2 million 100 thousand in 2009.

Taiwanese said, in addition to stimulating the growth of the LED industry to stimulate business growth, another role is easy to get loans. Affected by the subprime crisis, bank lending is very cautious. The LED industry as a result of rapid growth, the future development of relatively clear, favored by the banking sector, as a safe haven for investment.

Source: Southern Metropolis Daily