Peak rush into the LED market, the decision to invest 1 billion 380 million yuan sapphire crystal

The peak of June 22nd announcement resolution core manufacturers board, LED sapphire will increase investment, investment amounted to 1 billion 380 million yuan, estimated in 2009 before the completion of investment; at the same time, the resolution of the board of directors will cash capital increase of 15 million shares, the amount of 35 yuan per share issue interim, provisional estimate can be raised 525 million yuan of funds. The peak last year announced a long crystal field will be put into LED sapphire, currently has purchased 1 units of crystal growth equipment research and trial production, the original goal of the end of this year will be amplified machine to 20, at present will be schedule set.

LED products are more and more widely used, by the day before, chairman Song Gongyuan called Lite on LED? 0-30 years of prosperity, can be seen in general. Yue said, due to the promising LED products for the future of the light source, and the grain size and encapsulation technology of LED manufacturers in the lower reaches of Taiwan is good, but the lack of upstream growth, so the peak because of being material experts, familiar with material characteristics, therefore has licensed technology from Europe, long grain business. Yue Feng said that the company has only one machine for testing, but the future of mass production and expand the market confidence.

Source: Huaqiang electronic world network