LED Industry Week review: international giants pulled out of new technology status

The online summary of events a week you time to say big events this week, although only three days, but there has been two maxed circle of friends, one is a male is a television drama "righteousness" of the people, LED people focus this week more than two thing. LED industry this week as one side is the international giants want to quit, domestic enterprises have impact on IPO, while emerging markets increasingly fierce.

Event articles

GE consider selling consumer lighting business, is expected to be $500 million

In April 6th, there was news that GE, a pioneer in the global lighting industry, could be out of the lighting market.

The company has hired investment banks to help them assess the possibility of selling consumer lighting, which could give it $500 million, but it is not yet possible to secure a deal, according to people familiar with the matter.

It also said the message, GE is considering the sale of this business, including North American residential LED lighting and home networking technology. The company plans to retain a commercial LED lighting business called Current.

Samsung Apple signed $9 billion worth of OLED screen contract for 2 years

According to foreign media reports, Apple has signed a two-year contract with Samsung display company, the contract shows that Samsung will provide iPhone surface OLED screen, this large single value of $9 billion (10 trillion won).

According to the agreement, Samsung display will be shipped to apple in 2017 70 million to 92 million OLED panels. Taking into account Apple's current annual iPhone shipments of about 200 million, which means that this year's shipments of iPhone, about 30% will be equipped with curved OLED panel.

On the ground of the transfer of 1 yuan wisdom investment of 99% of the amount invested right

KingSun April 5th evening announcement, the company in 2017 04 and 05 March held the fourth session of the second meeting of the board of directors approved "on the property transfer agreement signed" partner "motion, agreed that the company will be held by Guangdong Hui Qin Investment Center (limited partnership) 99% of the amount invested 1 yuan to the right the transfer price to Guangdong Hui Jun Cci Capital Ltd. The company has signed an agreement on the transfer of the share of the property of the partners, and the company will no longer serve as the limited partner of the industrial investment fund after the transfer.

Listing articles

A shares LED camp welcomes the new army, light Pu shares landing gem tomorrow

Light Pu shares on April 4th evening announcement, the company will be listed on the Shenzhen Stock Exchange gem in April 6th, the stock referred to as light Pu shares, stock code is 300632". Light Pu shares has thus become the first successful transfer of the board of A shares in Xiamen three new board.

Founded in December 1994, is one of the first companies to enter the LED industry, the business chain covers LED lighting, LED packaging, LED backlight modules and accessories, FPC R & D, production, sales. The company was listed on the new board in January 24, 2014, but there has been no real deal since the listing, in April 2015, the shares began to seek light Pu shares.

Wuxi lighting landing three new board

Wuxi lighting Limited by Share Ltd announced this week that the company's application for approval of the listing, the company will be listed in April 5th from the national stock transfer system publicly transferred, the transfer of the agreement for the transfer.

It is reported that Wuxi lighting, the registered capital of 158 million yuan, the main business for all types of professional lighting project planning and design, project contracting, maintenance and management, all kinds of professional lighting LED lighting R & D, manufacturing and sales, and building electrical energy saving lighting system transformation project, new energy vehicle charging operations services etc..

Performance articles

Hongli Newell is expected in 2017 Q1 net profit rose 5%-25%

Hongli Newell April 5th evening released 2017 first quarter results notice said the company in 2017 01 - 01 March March 31st, expected profit 68 million 218 thousand yuan, 81 million 211 thousand and 900 yuan, an increase of 5%-25%.

Li Zhi Hui said that the company's 2017 annual results for the first quarter compared with the same period last year compared to the causes of change for the LED lighting market needs better, the operating performance of the company remained stable, sales revenue to achieve steady growth; production capacity is not fully released has a certain effect on the operating profit of Jiangxi Hongli equity investment expansion project; received government subsidies over the reporting period increase over the same period last year.

LED lamp factory Li Qing February net profit increased by 740%

LED lamp factory Li Qing since February net profit of 31 million yuan (NT, the same below), a substantial increase of 740%. February consolidated revenues of 368 million yuan, compared with the same period last year, an increase of 190 million yuan of 94%, a record high over the same period. Accumulated in February of this year, since the consolidated revenue of 705 million yuan, representing an increase of $472 million over the same period last year, $49.21%.

From the client point of view, Li Qing in the LED lighting module, the main ODM customers, including China's the Great Wall motor, Shanghai small, Guangzhou small, BYD electric cars, such as the big Mao Wei Ruike. From the view of the proportion of customers, the Great Wall car accounted for over 4 of the overall performance of the Qing Li Cheng, Shanghai Koito accounted for about 2 into.

Lextar Electronics announced in March revenue increased by 29.5% compared to February

Lextar electronics March revenue of NT $1 billion 230 million yuan, an increase of 29.5% compared to February. Cumulative first quarter consolidated revenue of NT $3 billion 140 million, compared with the previous quarter fell by 5.7%.

Lextar electronics said that the end of the first quarter has gradually feel slightly market back to temperature, in addition, due to a holiday in February, part of the lighting products deferred to effect shipment in March, so March revenues rising.

LEDinside observation

Hongkong exhibition] LED filament lamp into the protagonist, the concept of plant lighting gradually Sheng