LED industry giant capital operation frequently playing cross-border layout

Recalling the development of LED industry, after a period of vicious competition, such as price war, product prices have exceeded the bottom line. Excess capacity in the industry, corporate profits diluted, can survive the basic enterprises have passed the test of blood and fire. With the continuous improvement of the industrial environment, the country also advocates enterprise innovation, LED industry also need to enter the transition period of innovation, which requires the promotion of the capital market.

LED industry capital operation frequently

In April 19th, PHILPS Lumileds has acquired Jinsha River capital announced the establishment of the LED lighting industry foundation fund limited partners, including Chinese high-tech sector leader, Taiwan industry group and well-known private entrepreneurs, $1 billion. The introduction of funds including LED lighting industry leader Mr. Su Jianghua, Dr. Fan Zhencan and other experienced team members, to create Chinese in world influence lighting enterprises "as the goal, relying on the capital of Jinsha River ten years continuous selection and cultivate the lighting industry chain, to build a world-class LED lighting platform, further optimization of the global supply chain, promote the global LED industry towards higher quality, higher quality development. At present, the fund has been oversubscribed.

In May 16th, the world's top ten leading LED package Linsen shares announcement, intends to use its own funds and the number of harmonious Hao Investment Management (Beijing) Co., Ltd. (hereinafter referred to as "harmonious ho number") or its associated companies and other investors jointly set up a limited partnership enterprise. The partnership mainly through participation in capital increase, equity transfer and other ways to obtain the LED industry quality enterprises equity acquisition of LED industry quality assets. Subscribed capital contribution is tentatively set at 500 million yuan, the specific amount will be determined in the formal partnership agreement signed by the parties, the latter can increase the amount of investment and investment in accordance with the investment.

In May 19th, the TCL group and the Yangtze River in Hubei Province, Hubei branch investment guide fund announced jointly set up a ten billion dollar fund industry mergers and acquisitions, focusing on investment in TMT, 4, 2025 China manufacturing industry "and" Internet plus "in areas such as fund raising the amount of 3 billion 10 million yuan.

In May 24th, LED chip leader Sanan optoelectronics announced that the company will invest 12 million yuan and the national integrated circuit industry investment fund Limited by Share Ltd, Jinjiang Ying investment fund partnership with its own monetary fund (limited partnership) jointly set up Fujian province core investment management limited liability company, operating range of investment management, investment consulting. The establishment of the core fund will be settled in Jinjiang, the fund target size of 50 billion yuan, the first phase of the scale of investment of $7 billion 510 million. The semiconductor field will mainly invest in III-V compound integrated circuit industry group and other integrated circuit industry chain mainly covers the design, manufacturing, packaging and testing, materials, equipment and application etc..

LED industry chain is mainly divided into upstream epitaxial wafer and chip, midstream packaging and downstream product applications:

At present, the competition pattern of China's LED industry chain is as follows:

First, the upstream industry chain competition pattern

China LED industry chain upstream epitaxial chip and chip manufacturing patents by the u.s.. Wafer and chip production process is the most intense competition, the largest investment funds, patent technology and equipment for the highest link, making patent was almost CREE, Lumileds, OSRAM, Nichia, TOYOTA GElcore, Japan, European and American enterprises monopoly synthesis.

LED industry chain in the most critical epitaxial film production equipment manufacturers are mainly the United States Veeco, Germany's Aixtron, as well as Japan's NipponSanso and NissinElectric, Japanese companies only supply their country, not export. Packaging equipment companies mainly ASM, Han laser.

Two, the middle reaches of the industry chain competition pattern

LED industrial chain midstream packaging links, Taiwan and South Korea's technological progress is obvious, sales to catch up with Europe and the United states. Taiwan and South Korea has a complete industrial chain of consumer electronics industry, supporting each other, stable supply and marketing, with backlight market industry advantage, the LED package enterprise output and revenues are the highest in the world, but they still have the enterprise and the technology gap between Europe Japan and the United states.

Three, the downstream industry chain competition pattern

LED industry chain downstream applications, local enterprises enjoy channels and cost advantages. Foreign well-known lighting companies GE, Osram, Philips is still in LED lighting design patents, production technology, product quality leading, but local enterprises rely on government subsidies, such as bidding policies and labor costs, sales channels and other advantages, and the international brand share market share.

In recent years, playing cross-border LED business layout:

Alto electronic financial services: LED+

2014, alto electronics in investment Peng Ding chuangying early layout for the financial electronic business transformation. Previously, alto electronics had made a "two wings flying" vision of development: one wing is the LED application, the other wing is financial electronic. Alto electronics said in the trend of Internet banking, traditional banks are gradually transition, wisdom bank, community bank and other new forms in the bank gradually emerged, Future Ltd will actively carry out LED business and electronic finance at the same time, based on the play to the advantages of the original innovation, related business.

The photoelectric digital media: LED+

LED display the photoelectric predators through the establishment of linkage culture, acquisition time, Youtuo media PR, precise focus, yishida etc. the company formed software integration, digitization, integration of online and offline communication platform; at the same time, also through to the 4 Internet media and outdoor wide