LGD, Cree set up a joint venture in Nanjing LED packaging company

According to South Korean media reports, South Korea and the United States Display panel manufacturer LG LED CREE manufacturers joint venture LED packaging company in Nanjing, becoming the third after AUO and CMO, announced to enter the LED industry panel factory. As a result, LGD is expected to remove the patent problem, and get a full supply of LED, help LGD to develop a fast growing LED backlight panel.

In the LED NB panel market moves slightly slower than Taiwan Han panel factory, also began to actively expand the LED NB panel business. According to reports, LGD LED Cree and the United States intends to set up a joint venture in Nanjing Dachang LED packaging factory, formally enter the LED industry, hoping to reduce the LED NB panel production cost, and avoid the master patent issues, possible supply stable LED. In addition, LGD also intends to seek partners, joint venture set up LED backlight module factory, hoping to simplify the NB and TV backlight module production line to reduce production costs.

This year, the LED NB panel is a trend, the general estimated LED NB backlight module market penetration will reach 10% to 15% next year, there is a chance to jump to between 30% to 40%. Due to the follow-up of the world's major NB brand new products launched by almost all use LED as a backlight, is expected in 2 to 3 years after the LED NB panel will replace the existing CCFL backlight panel. The rapid spread of LED in NB panel backlight applications, also attract a foot panel factory in LED industry, CMO, AUO in recent years has established a Qili photoelectric and lextar electronics, to enter the LED industry.

Taiwan panel factory, said, in the light, energy-saving requirements, LED backlight panel applications in the development of fast, LED has been an important key component, it is necessary to invest in technology and supply. In addition, LED in lighting, display billboards and other applications are growing rapidly, is a very promising industry.

According to market research agency statistics, LED backlight applications in small and medium size panel has almost completely replaced the traditional cold cathode lamp, and LED backlight module in the large-size panel shipments will reach 150 million in 2012. Taiwan panel factory in LED NB panel market go faster, because the hand of apple, DELL and other first tier manufacturers orders, shipments are also considerable, is expected to ship this year, up to 2 million pieces, AUO and CMO shipments of approximately 1 million 500 thousand.

Source: Business Times