"Latticepower" is based on the technology of Nanchang University to light-emitting materials and Devices Engineering Research Center of Ministry of education, by Jinsha River, Temasek, Mayfield, Yong Wei investment, KPCB and other well-known international venture capital fund joint venture, specializing in the silicon substrate of gallium nitride based LED epitaxial material and chip production technology enterprises, registered capital of $50 million, a total investment of 3 billion yuan. Pan Xiaofeng continued to Beijing and Nanchang, it is the operation of the project.
Innovative economy has a lot of room for improvement
Any investment is to seek a higher share of return, in China, the innovative economy has just started, there is still much room for improvement. As a new kind of luminescent materials and devices, "LED" is a new type of luminescent material and device. In a wide range of display, outdoor landscape lighting, mobile phone backlight, lighting market, traffic lights and other aspects of a wide range of functions. "Latticepower" with "Si" instead of the traditional "Sapphire" or "SiC" as a substrate for manufacturing light emitting diode materials and devices, the cost is greatly reduced, latticepower has thus become strong competitors on the market "Sapphire" or "silicon carbide substrate light-emitting materials and devices of products at present, and have a strong market competitiveness. It is reported that in 2006 the global sales of high brightness light-emitting diodes will reach $4 billion to $5 billion by the end of 2010, this figure will reach $10 billion. Wang Min, vice president of the company told reporters. 3 billion chips per year
Crystal energy photoelectric silicon substrate light-emitting diode materials and devices, the first phase of the industrialization project was held in April 30th this year, the completion of the ceremony, in the beginning of mass production in May to form an annual output capacity of 3 billion chips. The two phase of the project investment 900 million yuan, will achieve an annual output of 10 billion grains of blue and green LED chip, the three phase of the project investment of 1 billion 500 million yuan, the construction of high power LED lighting applications and attract global semiconductor industry cluster, upstream and downstream industry agglomeration in Nanchang, is expected to form a cluster a billion dollar.
The long run, semiconductor lighting will become the main application of LED in 2010, the global lighting market size is expected to reach $100 billion, and the LED light source because of its many advantages such as energy saving and emission reduction will gradually replace the incandescent lamps and other light sources, the final occupation of the huge market. "We strive to become one of the world's competitive green light-emitting diode manufacturers. Wang Min said.
Source: HC
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