Taiwan Economic Daily: crystal electricity was hostile merger risk increases

According to Taiwan media news, EPISTAR first LED extension of the world's third largest factory in Taiwan, the share price yesterday, the highest since the six year low, while also reported in the LED suspension technology factory expansion, a seat board crystal electric also in yesterday's resignation, the financial storm hit, not only with the size of the economy chip factory in distress, the risk of malicious mergers and acquisitions also significantly increased.

MOCVD machine 171 Taiwan EPISTAR, if a technology factory to develop this economic scale, at least to invest 20 billion yuan NT more than NT $20 billion to buy if EPISTAR stake to yesterday's closing price estimate EPISTAR NT 29.2 yuan, the total market value of 18 billion 400 million yuan NT has exceeded the crystal power the company intends to invest, on LED, you can use the equipment investment is lower the amount of control, one of the world's largest LED chip factory.

Economic downturn, but it is time for a big reshuffle. Pessimistic atmosphere tends to make people overly pessimistic, and ignore the emergence of value.

However, the building of a LED epitaxial plant includes clean room, product introduction, adjust the rate of at least one to two years, and the existing extension of plant LED chip will continue to enhance the brightness, technology platform will be a breakthrough, new entrants into the minimum threshold for at least two years, however the characteristics of the industry LED normal distribution, so yield improvement has been time-consuming, high cash technology factory started to look at fiercely as a tiger does.