Crystal electric canyuan whole and win-win for LED gold three years layout

LED chip crystal power plant and canyuan merger, since announced the topic constantly. The upstream supplier HENGQIANG trend, foreign investors generally optimistic about the crystal electric canyuan whole and win-win benefits market is also worried that it would adversely affect downstream packaging factory. Strong momentum of growth in the LED market, crystal power forecast for the next two or three years is definitely a period of explosive growth of LED lighting, lighting penetration rate in 2017 is expected to reach six to 70%.

EPISTAR chairman Li Bingjie day before the shareholders' meeting pointed out that the LED industry should grasp the next gold for three years, and in the face of increasingly intense competition in the international arena with the huge demand, and the whole situation of LED Factory Alliance has been set. This crystal electric canyuan merger, not only for the integration of resources, expand production capacity, to further consolidate the market position layout. Whether to fight crystal electric main rival Saman, united opponent canyuan, the industry are concerned.

From another perspective, Taiwan upstream LED manufacturers, or because of the merger, the opportunity to enter another in production and technology, relatively has certain leading position, is a good thing for the development of LED industry in Taiwan, and the division of labor, cooperation and competition of both sides of the LED industry, and can also have a situation new thinking.

Mitsui contributed to mergers and acquisitions to integrate resources to fill the gap

EPISTAR spokesman Zhang Shixian said, is the fastest crystal electric industry with Taiwan LED manufacturers in the first half of 2014, monthly production capacity has reached 950 thousand, but there are still about 300000 capacity gap; the second half is still in short supply, the fear of the capacity gap continues to expand. The expansion factor, and market conditions continued warming, selection of technology and production capacity in all second large canyuan as partners is the best choice, canyuan and more than 400 R & D personnel can enhance the development of crystal electric energy. Canyuan chairman Jane tomoto revealed that led to a key figure in the section alignment, canyuan is the second largest shareholder and director, Japan Mitsui company Mr. Suzuki Jiro. The whole industry development in Taiwan, is undoubtedly the right decision.

Zhang Shixian on the previous crystal electric integration huga experience as an example, explains the merger between about 6 to 12 months, the two can lacy technical standards and product quality, and even enterprise culture. The crystal electric and canyuan between the gap, also this period as the goal of continuous adjustment, can be even faster. According to the 30 piece canyuan tens of thousands of capacity planning, is expected to total turnover after the merger canyuan can do NT $7 billion 500 million, operating expenses rate can be reduced to below 6%. If you do 10% gross margin, there will be about 300 million of the operating income; gross margin back to 12% to 15% with similar crystal electric level, canyuan EPS will be more than 2 yuan nt.

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