LED industry weekly news summary: drying subsidies, sun performance, busy expansion

Just said the first half of the past, the first week in the second half and the end of the rainy season, online Jun found time too fast (except on the trip you back this week), LED industry events, mainly for subsidies, semi annual performance, several keywords investment expansion.

[event]

Lumileds won the support of Apollo and PHILPS, officially became an independent company

According to Business Wire reported, Lumileds announced that Apollo Global Management, LLC (together with its subsidiaries, collectively referred to as "Apollo") subsidiary fund has been with royal PHILPS (Royal Philips) completed a previously announced transaction, Lumileds became an independent operating company. Lumileds is dedicated to developing lighting solutions for the automotive, mobile, networking and lighting industries, and constantly improving the lighting conditions of our customers.

It is reported that Apollo and PHILPS announced in December 2016 agreed to carry out the transaction. Under the deal, PHILPS sold its 80.1%Lumileds stake to some of the funds managed by Apollo and retained the remaining 19.9% of the shares. Apollo is the world's leading offbeat investment management companies, the total assets of the management of approximately $197 billion (equivalent to approximately RMB 13425 yuan), including private equity, credit and real estate fund, the 9 core industries investment areas throughout the company has a wealth of knowledge and resources.

Qunchuang: attack vehicle, Micro LED Mini LED on the layout.

In view of the fact that South Korea's Samsung dominate the global OLED panel's position is difficult to shake, Taiwan based panel makers Innolux and betting micro light emitting diode (Micro LED), and the first light emitting diode submillimeter layout in 2018 (Mini LED) to production technology, use panel market to grab the car into the huge business opportunities.

Innolux Technology Development Center for Ding Jinglong said that Micro LED will be the mainstream of the next generation of display technology, however, remains to be solved over millions of Micro LED big transfer problem. Therefore, Innolux has been put into sub millimeter light emitting diode Mini LED technology development, the car factory attention.

Apple intends to invest more than 10 billion to LGD new OLED factory

According to South Korean media The Korea Herald news, apple LG Display and is currently negotiating, Apple will invest LG Display 2 trillion -3 trillion won (about RMB 11 billion 800 million -178 billion yuan) to set up OLED production line, and in return, LG Display will be only for the apple iPhone OLED screen production. LG Display's new factory, called E6, will be put into operation in 2019. Last month, LG also said it plans to invest $3 billion 500 million to expand the OLED screen production capacity, now, the original of which a large part of the money will come from the deep pockets of apple.

[subsidies]

Xiamen XinDa: subsidiary received 43 million yuan of government subsidies

The evening of July 2nd, the Xiamen XinDa announced recently, Limited by Share Ltd, a wholly owned subsidiary of Fujian XinDa (Quanzhou Lake) Fujian received photoelectric Photoelectric Industrial Park Management Committee issued "on the disbursement of XinDa in Fujian province photoelectric technology limited financial subsidies notice". According to the Fujian XinDa in Fujian, Quanzhou (Lake) photoelectric Photoelectric Industrial Park of the leading role of LED industry investment and the development of the industry, the CMC agreed to finance subsidies: Science and technology three funds subsidies 18 million yuan; investment subsidies 5 million yuan; acquisition subsidies of 5 million yuan; industrial development, expansion of income and other financial subsidies 15 million yuan. As of the announcement date, Fujian XinDa photoelectric has received the above-mentioned government subsidies totaling 43 million yuan.

In the wholly owned subsidiary was up more than 12 million

The evening of July 3rd, inventronics (Hangzhou) Limited by Share Ltd announced that the company recently received notice of a wholly owned subsidiary of Zhejiang ledone optoelectronics Co. Ltd., signed in accordance with the Zhejiang province Tonglu Economic Development Zone Management Committee of the investment agreement, received Zhejiang province Tonglu Economic Development Zone Management Committee to deliver 12 million 22 thousand and 100 yuan of government subsidies.

[performance]

Billion light Q2 revenue steady, Q3 into the season

Taiwan's LED packaging giant million light in the second quarter of this year, revenue performance is generally stable, excluding exchange rate factors, the estimated second quarter profit opportunities better than the previous quarter. The company expects the second half performance is expected to be better than the first half of the year, the third quarter should be into the season, the main energy is not visible / infrared, automotive products (car lighting, dashboard screen backlight, car tail lamp etc.), small spacing billboards, as traditional lighting and backlight products will decline in the proportion of.

Affected by seasonal factors and the impact of the traditional off-season, speculation billion light year lows may have been working on the first quarter of the second quarter, roughly stable or slight rebound, the company optimistic about the second half revenue ratio may be 45 to 55, the second half will be better than the first half.

Bike sharing power, Jiawei shares in the first half of yejiyuzeng

Jiawei shares announced today morning, disclosed the 2017 semi annual results notice, in 2017 half year net profit attributable to shareholders of listed companies 215 million yuan -25000 million yuan, representing an increase of 75.82% to 104.44%.

Jiawei shares said that the main reason for changes in performance is: last year, the completion of the acquisition of power source and table and photovoltaic power plant business this year to maintain steady growth, EPC power plant business to maintain a rapid growth. In addition, the rapid rise of bike sharing business, companies use small photovoltaic reservoir accumulation in the LED lighting business system experience and advantages, to provide services for mobile energy sharing bicycle industry leading companies, has brought a new profit growth point for the company.

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