LGD intends to stake Taiwan Rui Xuan strengthen cooperation in LED industry

July 27th news, Taiwan industry rumors, the global panel (LGD) and Display LG were the Taiwan LCD TV maker Amtran is brewing a depth of cooperation.

It is reported that the two sides in addition to the existing procurement and manufacturing relationships, LGD may invest part of the shares of the Swiss Xuan, or the sale of both sides of the joint venture in the mainland to LGD, expanding the scope of cooperation between the two sides.

Previously, reashine has said, have signed a memorandum of cooperation with LGD, high order light-emitting diode (LED) display products for cooperation, enhance economies of scale, strengthen the vertical integration of upstream and downstream assembly and function, and actively expand and develop new business and new markets. Although Rui Xuan did not disclose the specific content of cooperation, but to obtain the LGD Rui Xuan equity and other means most likely.

Rui Xuan and LGD's cooperative relationship, in the past is the sale and purchase, the purchase of LGD LCD TV panel by Rui Xuan, after the production of LCD TV, and then shipped to the North American TV brand Vizio. The two companies and joint venture set up Suzhou music Xuan technology, music Xuan is from the back of the panel segment module (LCM), all the way to achieve the downstream LCD tv.

LED industry, reashine and LGD is my investment canyuan, to grasp the LED grain supply lack of source material, the two sides together recent investment in LED packaging factory Everlight, a comprehensive grasp of the LED industry supply chain, its purpose is to prepare for the LED backlight LCD TV big cause.