Samsung LED sternly denied withdrawing from China market and selling Tianjin factory

According to South Korean media, "Korea Herald", "The Bell" report, the South Korean giant Samsung LED will sell the plant and business Chinese's Tianjin to a company located in Hongkong Chinese private Holdings Company. Samsung's LED vice president Tan Changlin (E xecutive Vice President / Deputy BU head), in particular, solemnly denied the news.

The vice president of LEDinside said, this message is purely It is sheer fiction. Samsung LED, China Tianjin factory, mainly LED backlight and cars with LED related applications, automotive lighting. Including LED packaging components, as well as the LED module business, because the plant is equipped with highly automated packaging and high-precision SMT equipment, so in the Samsung Group has an important strategic position.

Not only that, especially for the South Korean media referred to the "Samsung LED business conditions worse and worse, leading to Samsung Group will make a big adjustment" content, Samsung LED Tan vice president also made a supplementary note. Tan, vice president of special clarification, Samsung LED business has been profitable two years ago.

In addition, he pointed out that, according to statistics within the Samsung LED, Samsung LED accounted for the world's LED market share has reached second of the world.

According to LEDinsdie survey data, the current Samsung LED's LED packaging components of the global market ranking, about fourth in the world. The difference between the two data is that the calculation of revenue recognition and statistical caliber is different, but the Samsung LED in the global LED market status is unquestionable. Especially in the future, regardless of the car lighting, or even the rise of new technologies such as LED Micro, there is still considerable prospects for the LED market demand, so the Samsung LED Samsung Group in the whole career, still has an important strategic position.

Extended reading:

Korean media rumors Samsung plans to sell Chinese LED business, Hongkong private equity fund will take over

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