More than 24 million! Riyadh subsidiary equity LED chip materials company SAPHLUX

Riyadh Au Optronics Co (hereinafter referred to as the "company" or "Riyadh") a wholly owned subsidiary of Riyadh (Hongkong) Co. Ltd. (hereinafter referred to as "Hongkong leyard") recently with the LED chip materials company SAPHLUX INC. (hereinafter referred to as "SAPHLUX") signed the "equity subscription agreement", Hongkong's $3 million 500 thousand (equivalent to approximately RMB 24 million 30 thousand subscribe to the SAPHLUX company 1501220 yuan) AA preferred shares, the total share capital of SAPHLUX, 14%, has been completed.

According to the announcement, the company mainly produces SAPHLUX semipolar Gan wafer. The company through a special process, the growth of a specific crystal on the surface of GaN material can be selectively on the sapphire substrate, and has the advantages of high quality, low fault, large quantities, cost is basically the same as the existing ordinary Gan wafer, LED material is the first enterprise with commercial grade semi polar material production capacity.

Lyad said, VR/AR and the future of smart devices has a greater demand for efficient portable laser projection, SAPHLUX semi polar materials can be applied in the semiconductor laser, together with Lyad the existing virtual reality of strategic investment

For more information about LED, please click on LED network or pay attention to WeChat public account (cnledw2013).