Jinsha River after the completion of the merger Lumileds will face two challenges

Jinsha River group and PHILPS lighting, crystal electric chairman Li Bingjie said that the PHILPS Lumileds merger is expected in the third quarter after the merger, if the two party merge smoothly will be transformed into a Jinsha River group, this merger amount at $3 billion 300 million, mainly for Chinese government support, foreign aid estimate need $2 billion, plus the government of Jiangxi province a total of more than $2 billion 500 million and date.

The industry pointed out that this merger estimated China government invested $2 billion to the government of Jiangxi invested 7-8 billion, Hongkong Asia Pacific resources companies such as investment, estimated Jinsha River Group invested less than $100 million, Chinese government intends to grasp the LED brand and patent Haikou, improve the competitiveness of LED China.

He stressed that the Jinsha River group will face two major challenges, first of all, Jinsha River group Chinese small group, PHILPS lighting international company, Jinsha River group how to operate this new company will be an important key; in addition, the Jinsha River group will face to the patent problem, so PHILPS lighting and global LED manufacturers including TOYOTA, Nichia chemical synthesis CREE and cross licensing, PHILPS lighting after the merger will have to restart the patent negotiations, expected to spend a period of time to negotiate the estimated remaining competitors will advantage of this opportunity to occupy the market.

Li Bingjie said, originally in the crystal electric product layout of global sales, and manufacturers in Taiwan China patent status than the strong, and manufacturers in the international market with Japan and South Korea and other global competition, EPISTAR years of sustained investment is to be with the global competition, and will not be affected.

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