Siu Chi shares cut into the LED industry wants to integrate with LCD TV

Siu Chi shares recently announced a new investment program. The company will come up with 200 million yuan plan to invest in the establishment of a wholly owned subsidiary of Shenzhen City trillion photoelectric Co., ltd.. Although LED is involved in the investment industry, but the market believes that the Siu Chi shares except to make a difference in the LED lighting field, the company which can be achieved with the LCD TV production facilities, the two complement each other, and then open the company's growth space.

According to the announcement, Siu Chi shares to invest in the establishment of the trillion Chi photoelectric, mainly R & D, production, sales of LED TV backlight used in light-emitting devices, high-power LED light-emitting devices, etc.. LED TV backlight light emitting devices used in the company's LCD TV upstream supporting products, LED lighting products belonging to the company's existing product line (LCD TV, digital set-top boxes, video disc machine) expansion.

It is reported that the future of LED shares will focus on LED business, which may become an important growth point of the company's revenue. CITIC Securities (600030) research report shows that in 2009, China's LED application market size of about $65 billion, LED as a backlight liquid is a trend in the LCD TV and monitor penetration continues to improve. Because LED lamp has the advantages of low power consumption, environmental protection and long service life, LED lamp has been used in the field of commercial lighting. With the future LED chip prices will continue to bring down the price of LED lights, LED lights will gradually enter the homes of ordinary people, LED lighting market has great potential.

In this investment, the most attractive to investors as well as shares of the main LCD TV business. Some agencies believe that, unlike the general LED packaging and application sectors of the enterprise is different, the shares of the shares of the obvious advantages of Chi chi. Its LED backlight can be matched with their LCD TV production capacity, in the downstream demand has a stable protection. At the same time, LED lighting products can also be through the company currently has the foreign supermarket channel. At present, the shares of the company's LCD TV manufacturing related to power supply and backlight manufacturing and other electronic technology, than the general lighting companies have advantages.

For the above view, the shares of the shares of the relevant personnel to accept the Securities Times reporter interviewed agreed, but said the new company is still in the preparatory stage, the project has not yet been determined to promote time. Siu Chi shares also reminded investors, although the LED industry is facing a larger gap between supply and demand, products more relaxed market environment, but because of the similar new investment projects have been started, the future may be more intense market competition, the project has a certain risk.