M.L.S. Huacan signed an agreement: the next three years LED chip purchase of not less than 1 billion 500 million yuan

HC semitek April 9th evening announcement, recently, the company with major customers Linsen Limited by Share Ltd (hereinafter referred to as "Sen") signed a strategic cooperation agreement, the agreement includes: Linsen in the same conditions to give priority to purchase the company's products in the future, Linsen from purchasing the LED chip product value within 3 years will be less than 1 billion 500 million yuan. The company will be in the same condition to guarantee the supply of rawlinson.

M.L.S. is a comprehensive high-tech enterprises Chinese photoelectric leading set of LED package and LED application products as one of the. With efficient and accurate production, research and development and testing equipment, combined with advanced production management technology, has become the world's largest LED production enterprises.

Notice that the implementation of this strategic cooperation agreement on the company's main three aspects:

First, M.L.S. is the main supplier of LED packaging and application products, HC semitek is a leading supplier of LED chip, the cooperation between the two sides to steadily expand Linsen market scale, so as to further promote Huacan photoelectric chip capacity expansion has a positive effect.

Second, Linsen has always attached great importance to product development and technological innovation, has made a series of technological achievements in LED packages and applications, with the production of high quality small pitch LED display with the ability of packaging products. China can be a small photoelectric screen dedicated chip has a full production, its high reliability and high consistency has been recognized by the client. The strategic cooperation between the two sides will accelerate the innovation and development of LED chip packaging technology in the field of display, the downstream LED small spacing product application market has a positive role in promoting.

Third, the current LED industry has vertical and horizontal integration to strengthen cooperation, to enhance their competitive strength of the trend, to further extend the industrial chain, the formation of synergies, enhance the competitive strength, many LED manufacturers have to extend to the upstream and downstream industry chain, the upstream and downstream or through mergers and acquisitions and other ways to enhance their competitive strength. HC semitek and Linsen cooperation will enable the company to LED chip technology continues to mature in the process of competition in the industry, a breakthrough in the field of high-end chip technology.

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