Zhang Rujing came back with the LED project in Shanghai port

Left SMIC last year Zhang Rujing coming out again. A person close to Zhang Rujing told the "First Financial Daily" said, with the signing of Shanghai City, led by Zhang Rujing led, former project, will be landing in Pudong New Area Lingang Industrial zone. Lingang New City, a person in charge of the newspaper confirmed the news, but declined to disclose details of investment.

Informed sources said that the initial investment involved may include Beida Jade Bird, Southern China, a household electrical appliance enterprises. Among them, Beida Jade Bird intention has been clear, before it had participated in the investment in SMIC, and belongs to the first batch of investment institutions. Southern China, especially Foshan, Shenzhen and other places have already been listed as the first LED industry development projects, relying on local resources and industrial appliances, to the rapid growth of the upstream and downstream industry chain, so Southern China household electrical appliance enterprises to participate in be not at all surprising. In addition, there are at least three in the talk, one of which is a local high-tech enterprises, the other two overseas investment institutions committed to only strategic investment. "

Why Zhang Rujing is now involved in the LED industry in the past 4 years, China has set off a solar boom, and the emergence of many new industries such as Wuxi Suntech. "The market is indeed very large, even if the impact of the economic crisis, investment is still substantial increase. ISuppli semiconductor industry senior analyst Gu Wenjun said that this year China's LED industry to invest $3 billion 900 million. 2009 overall market size of $3 billion 420 million, up to $4 billion 370 million this year. With the popularity of lighting and LED TV applications, the market will expand.

But the market does not mean that there is a big opportunity. What are the conditions for Zhang Rujing to enter into the background of the reporter found that Zhang Rujing was in the United States to get a master's degree in new energy engineering. Around the 80s of last century, when he worked in TI developed a special solar power system". After the establishment of SMIC, SMIC in 2006 to carry out solar business. In May this year, Zhang Rujing told the newspaper that the mainland LED has a lot of areas and did not get involved, such as the current mainland LED companies can do electricity, but not to save money, high cost. If you can improve the matching system and heat dissipation technology, you can both.

Informed sources said that the project is located in Lingang New Town is to achieve the above objectives. With the mainland too much emphasis on polysilicon production, diode manufacturing and downstream terminal is not the same, the project will be extended to integrated circuits, core materials and other key areas. At present, all the executives of the new company from the United States and China's solar energy industry in Taiwan.

Lingang New City Administrative Committee, said the relatively separate LED projects, local hope that Zhang Rujing can drive the development of the industrial chain, accelerate the pursuit of other local industrial park. However, the source said, Zhang Rujing worried about the lack of mainland MOCVD equipment. Gu Wenjun said, in general terms, this is a long epitaxial slice of the stove, is the most critical equipment in the field of mainland LED production, all rely on imports, the price of about $20 million (about 130 million yuan). Subsidies are all over the MOCVD equipment as one of the conditions of investment, some subsidies up to $10 million, some up to $15 million. "