Neoneon next three years MOCVD machine will be expanded to 100 scale

Kerry Group Chairman Fan Banghong said the day before, 2010 revenue, profit zhenminglee will challenge the revenue of HK $1 billion 600 million, annual growth rate of more than 20% have the opportunity to profit growth, revenue growth will exceed.

Fan Banghong said that due to the company's own production capacity, although there are a lot of TV industry take the initiative to contact the zhenminglee, no extra space available to the backlight products, so do not consider entering the backlight products.

Fan Banghong pointed out that zhenminglee currently has 7 sets of MOCVD equipment, is expected to increase to 20 units before the end of 2011, plans to raise $100 million to add 30 MOCVD machine. Neoneon forecast in the next 3 years the total will reach 100 scale.

In the new production capacity of the equipment are in place, is expected by the end of 2010 zhenminglee SMD LED package capacity will be increased to 200 million per month, will further increase to 1 billion next year.