Over the past three years is the golden age Chinese LED chip manufacturer on the tip of the galloping thunder, is the brightest capital competing chip arena in the Warring States period.
Three years, although the LED caused the rapid expansion of the upstream manufacturers inventory crisis, industrial structure imbalance, lack of core technology, channel block, price war, closures and many other challenges that some companies teeter, but still have a lot of good market control, resourceful King enterprise, always dancing a wonderful, made remarkable achievements.
Three years, changes in the current situation, difficult choices, the size of the capital to compete. Especially since last year, three optical canyuan photoelectric shares, NVC, Elec-Tech invenlux optoelectronic shareholders severe concussion...... Or stop production or merger or reorganization, Chinese, upstream of the LED ring capital moves frequently, anchaoyongdong.
LED chip factory capital ring
As early as last year, LED chip capital arena challenge has been imminent, the brightest chip manufacturers are ready. In August 2012, Taiwan took the lead down enterprises EPISTAR NT $4 billion acquisition of Guangjia photoelectric way through the equity transfer, a wholly owned holding company. Crystal electric merger Guangjia, EPISTAR have MOCVD equipment is close to 300, has been able to compete with the international giant LED chip in equipment number.
In EPISTAR "marry" Guangjia after just three months less than time, bent over, EPISTAR become Asia's first chairman Lin Xiucheng also pay close attention to the layout of Sanan optoelectronics. In November 2012, three optical intends to use the raised funds less than NT $2 billion 352 million for the Taiwan area second extension canyuan photoelectric chip factory in private offering of not more than 120 million shares of common stock held by canyuan photoelectric approximately 19.9% of the shares in the largest shareholder.
In an optoelectronic canyuan photoelectric shares announced soon, Elec-Tech to thunder trend through the purchase of shares and shareholder equity transfer of shares of NVC, which holds 20.5% of the shares to become the largest shareholder of NVC, caused an uproar in the industry.
In addition to "Ann can love", "radar love these extreme drama with vigour and vitality of other chip manufacturers, is also the battle of wits. At the beginning of this year, the first billion chip factory invenlux optoelectronic shareholder of the first dramatic shock, the company closed, start restructuring. Then, China, red and yellow light chip leader changelight and Golden Eagle (Samoa) Technology Co., Ltd. signed the "agreement" intent on equity in Dongguan Lei Chau Electronics Co. Ltd intends to transfer its own funds from the Golden Eagle Technology Holdings in Dongguan photoelectronicsco. 100% stake in the company holding Dongguan Lei chau. Followed, Ma'anshan harmony photoelectric technology limited company announced the successful acquisition of Jiangxi Rui Technology Co. Ltd., and has completed the transfer procedures.
A LED chip capital competition heating up, equity acquisition, equity holding, production restructuring and a series of means of cutting operations is the brightest skilled persons in the hands of the upstream industry, integration of continuous fermentation.
Capital "melee" knockout
From the embryonic stage of the industry to the outbreak and then to the mature stage of the process, the greater the effect of Hengda stronger and stronger, the merger and integration of industrial sports will inevitably make some enterprises encounter eliminated. From the beginning of April Dalian Zhejiang invenlux closed road America exposed to stop, Qili, crystalmedia have shut down, LED chip factory knockout Yuyan hot.
In April this year, the old Dalian road Mingqi chip manufacturers subsidiary Dalian Lumei chip science & Technology Co Ltd (hereinafter referred to as "Dalian road") was exposed due to financial difficulties and was discontinued, 100 employees blocking the door please pay, at the same time, the new generation company invenlux also suffered closed out of fate.
Subsequently, the Taiwan area have been sitting on nearly forty Taiwan MOCVD machine factory, crystalmedia Qili chip photoelectric photoelectric production news. Among them, Qili is the production of optoelectronic blue LED epitaxial wafer and chip in the LED industry, the new century and canyuan photoelectric etc.. According to the Chinese Taiwan Qili photoelectric announcement shows that the total debt amounted to 1 billion 143 million yuan, the current management team, board of directors and chairman to resign all away.
Many executives said in an interview, the integration of the industry reshuffle is coming, enterprises only continue to expand and to do better, can be preserved, slightly better survival trend will become more and more obvious, the whole industry will be in the trend of integration becomes more orderly and healthy.
"The second half of 2012 the entire chip area suffered a price war, coupled with the market competition intensifies, some small scale enterprises easily because of quality problems, such as poor management, the market share is shrinking, so suffered eliminated is behoove. An insider pointed out.
An industry source, the upstream chip business failures, for many reasons, internal management loopholes, vicious competition in the industry, the high cost of financing and lending to suppliers wantonly will cause the company into financial difficulties, so as to carry out the reorganization of assets.
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