To enhance the degree of concentration of the LED industry, changelight "scale with frequency" force

Since last year, and the king entered the capital, changelight industry expansion pace than expected. In December 16th, changelight and Xiamen University jointly hosted a semiconductor development strategy seminar, attended the forum include President Zhang Rong of Xiamen University, Professor Kang Junyong; former justice secretary Zhao Yuhai of Ministry of science and technology of high-tech, high new technology department deputy director Cao Guoying; academician Wang Qiming academicians, academician Wang Lijun, Liu Ming academician, academician Zhu Junhao, Yang Deren state; semiconductor lighting engineering research and Industry Alliance secretary general and deputy director of Information Science Department of National Natural Science Fund Committee Chairman Wu Ling, Qin Yuwen; and from the Ministry of science and technology, Chinese Academy of Sciences, Tsinghua University, Peking University, Nanjing University, Changchun Institute research units of the experts. In addition, there are changelight in the semiconductor industry chain partners, customers and suppliers; semiconductor industry related media and securities media; the leaders of Xiamen municipal government, Nanchang municipal government, the leadership of Yangzhou municipal government leaders also attended the seminar.

Director Zhao Yuhai said that since the reform and opening up, China has carried out a lot of new industries to create jobs, can in a relatively short period of time for the success of the industry is not very much, but the LED industry can be said to be one of the typical. "Just a dozen years, China LED industry from scratch, now have achieved the world's largest capacity, the level of industrial technology first-class status." He said.

LED industrial concentration increase

LED chip industry a few years ago due to a release of the new capacity prices fell, but after the 2015 market downturn, due to the LED product price with the traditional lighting is even lower, but increase the LED lighting and display the product demand, thereby causing packaging factory batch production expansion, resulting in chip stock market. The emergence of supply situation.

In chip prices, market at the same time, the LED chip industry concentration is accelerating. At present, the domestic top five chip factory has accounted for nearly 70% of the market share, can be expected in the next few years, the production capacity will become the key factors of downstream customers resources, access to high-quality orders.

For example, the 2017 mid year report, called "LED in the first half of an optoelectronic chip demand, prices remained stable trend, the equipment is in full production status, is still in short supply, more recently dished out the expansion plan, the total investment reached 33 billion 300 million yuan.

According to industry research data, domestic LED chip companies listed on the main three safety optoelectronics, HC semitek, Australia Shunchang and changelight etc.. The fourth quarter of 2017, the four companies per month respectively in 2 million 500 thousand, 1 million 600 thousand, 900 thousand pieces and 600 thousand pieces.

When it comes to the development process of the domestic LED industry, Mr Zhao Yuhai also mentioned the industry in the MOCVD device is too dependent on imports, said the emerging industry must begin to build the whole industry chain, so as to form a competitive advantage.

"From now on, the third generation semiconductor industry will also follow this principle to do. It has also become a basic function of the Ministry of science and technology in the deployment of major projects in 13th Five-Year." He said.

The old company's new team

Changelight from its inception in 2006, it took only 4 years to achieve the gem listing. After the listing of changelight long with red and yellow light chip as the main industry until 2014 began to expand the field of green and blue chip. Therefore, from the revenue scale is not large, only in 2016 exceeded 1 billion yuan in revenue, net profit of 50 million yuan.

However, since last year and Eagle capital white, the company began to frequently force, give a person find everything fresh and new feeling.

In April 2017, changelight bought the same red yellow light chip Nanchang Kingsure photoelectric 24.65% stake, in order to form an alliance, jointly safeguard the red and yellow light in the market price system. It should be said that the red and yellow light chip based changelight started, in the industry have a higher market barriers and distinctive technical features.

In May 2017, the company announced 730 million yuan investment to add 20 units of red and yellow light MOCVD equipment, at the beginning of 2018 will be the release of production capacity.

The red and yellow light to increase capacity at the same time, changelight is also expanding its high-end products. "Although this area is the leading, but mainly in the low-end products, high-end products in the international market and Taiwan manufacturers and there are some gaps in technology." Changelight chairman Zhang Yu Jin said. After half a year, the company's high-end red yellow flip, infrared products have been mass production and foreign suppliers.

"Hope for the future introduction of South Korea, Japan and Taiwan engineers, promote rapid volume inversion, high brightness, infrared infrared sensing products, effectively expanding the related market." He said.

In the green and blue chips, Jin Zhang Yu think 400 thousand tablets before the scale in the industry is relatively small, so it will take "scale follow" strategy, reduce and three safety optoelectronics, HC semitek manufacturers such as the gap.

In July 2017, changelight announced the blue chip Nanchang base expansion plan will be divided into two phases, a total investment of 5 billion yuan, after the expansion of new monthly production capacity of 120-160 million, to ensure the competitive advantage in the industry with the green and blue chips.

According to the company, the Nanchang base has started construction, the first phase of 60-80 million pieces per month will be gradually released in 2018. There are industry researcher judgment, with the release of production capacity, future changelight sales revenue is expected to maintain an average annual growth of about 50%.

The day of the forum, Zhang Yu Jin also said that with the help of management consulting business and Eagle capital, in the past year