Jingyuan electric merger Guolian leapt to the top five suppliers of blue LED

[introduction] Jingyuan electric announced on 15, 1 to 2.24 proportion, with the League of Nations (2422), Jingyuan photoelectric electricity corporation. Become the world's top 5 Blu ray LED suppliers. According to Taiwan media reports, Taiwan LED industry merger and added a pile! Following the early 2005 yuan of arsenic (3214) announced to 1 than the 1.36 merger exchange ratio, Lianqun technology, Jingyuan electric (2448) 15 also announced that more than 1 to 2.24 ratio of convertible merger, Guolian photoelectric (2422), Jingyuan Electric is the surviving company. Through the merger, in addition to jump into the world's largest supplier in four yuan LED, Blu ray LED output, Jingyuan Electric will only Nichia, American Cree, Japan Toyota, Gosei element arsenic and other manufacturers, to become the world's top 5 suppliers of blue LED.

Jingyuan electric general manager Li Bingjie said, the new capital of NT $3 billion 60 million, because the electric wafer is currently high brightness blue LED LED manufacturers in Taiwan, and the League of nations is four yuan LED, the largest supplier, the two sides after the merger, in addition to the product line more complete, nor high customer overlap, and the two sides at present the number of patent applications and has made a total of more than 400, therefore, through the integration and complementary products of both sides, will be able to successfully reduce the manufacturing cost and management cost and improve profitability.

Li Bingjie pointed out that the current Jingyuan electric four yuan LED in full, and the capacity is still blue LED space to play, as the League of nations in four yuan and have a certain level of blue LED output, the cooperation between the two sides will make four yuan LED shipments pushed higher, monthly production capacity of more than 1 billion, four yuan to become the world's largest LED supplier.

Guolian photoelectric CEO Xie Yiwen said that the integration of the LED industry is the only way to integrate IP and represent the general trend, and research and development resources, and become the industry leader, have a chance to win in the market, which is the main concern for the League of nations and Jingyuan electric combined.

In addition, in blue LED, the current focus on the mobile phone chip market development, the League of nations with high brightness LED large size, in size and number of cutting machine output under different conditions, is difficult to estimate the actual output of a number, however, Jingyuan electric blue LED shipments, because after the merger increased production capacity (estimated more than 200 million teeth), with Nichia (monthly production of more than 500 million teeth), Cree (more than 300 million), Toyota Gosei (more than 250 million), Yuan arsenic (about 200 million teeth) and other manufacturers, are the world's top 5 largest supplier of forest.

The future of Jingyuan Electric shares in the new company will hold 56% stake of 44%, the League of nations, the merger date was December 30, 2005.