LIAN optoelectronics: LED into the core business

LIAN photoelectric recently proposed "one of the three main support" development strategy, LED (light emitting diode) business was identified as the core business, the company will increase the LED investment, with about 3 years to make LED more than 50% share of industry industrial company. It is reported that LED is the use of semiconductor chips as light-emitting materials, direct conversion of light energy into light emitting devices, lighting technology is the biggest feature of energy saving. 2004 Global LED market size of about $4 billion 700 million, is expected to grow to $6 billion 900 million in 2008, an average annual growth of about 13%.

According to Orient Securities analyst Chen Gang introduction, as the first LED R & D and production enterprises, LIAN opto LED has formed a middle reaches, including a complete industrial chain, the LED business is mainly composed of five subsidiaries of. The original Jiangxi Jiangnan material factory for LED wafer production form the basis of the photoelectric company engaged in the upstream; a subsidiary of Nanjing Yan Lei is the largest domestic LED chip production enterprises, the main products go low-end line profitability at a high level in the domestic counterparts, in addition to expand production, but also responsible for listed companies mass production of high technology content of blue chip off task. LIAN photoelectric subsidiary Nanchang branch, Xiamen Hualian and LIAN light are LED downstream packaging enterprises. According to the plan, Nanchang branch in 2010 and strive to increase the annual output of LED optoelectronic devices from the current 200 million to only 1 billion, which occupy the domestic market share of LED5%. A joint venture with South Korea sekwang company LIAN is mainly engaged in the application of light induced LED downstream products, have to produce 2 million color LCD backlight color screen mobile phone production line, as a key development strategy for LED company next 2006, will be the implementation of the "mobile communication technology supporting the use of chip LED and micro electro acoustic devices progress and industrial upgrading" project, a total investment of about 160 million yuan, has been the state subsidies 12 million yuan. Accurately capture the first day of stock prices! Entry... )

To identify LED as the core business at the same time, LIAN opto adjust the development of ideas, the next step will focus on the development of downstream application of LED low barriers (such as the LED backlight and application products, promote the development and extension of the chip). (reporter Cao Xijing)