The prediction of crystal electric issued overseas ECB, intended for the LED lighting for the sea

Near reported that crystal electric (2448) through the issuance of $280 million of overseas convertible bonds (ECB), intends to introduce the singular (GE) and OSRAM (OSRAM) for the majority of funds for crystal electric Haikou in LED lighting field, but the report did not respond to this crystal.

Crystal electric industry believes that there are still 11 billion 600 million yuan cash account NT, due to expansion in 2011 more than sufficient, then raising debt, to introduce strategic partners the opportunity.

Recently, canyuan (3061), East Bay (2499), LGD into a front; (3031) increase the Baihong upstream LED chip factory Gao Hui (KoBrite); with the LED industry integration, crystal electric complete horizontal cooperation, vertical integration and will be launched, billion light (2393), AOC, China Electronic Information industry group (CEC) to set up a joint venture, but such cooperation is locked backlight market, the market is expected to be in the field of lighting, crystal electric actively looking for reliable access to the sea.

In LED lighting market, 2010 EPISTAR and delta (2308) cooperation in the high-voltage LED bulb has received orders for OSRAM, PHILPS, IKEA, singular also released OEM orders, is expected in 2011 will be shipped Q2. PHILPS, OSRAM is the world's first and two largest lighting industry, where OSRAM is only one of the Asian chip factory in Malaysia, a huge singular cause, it is difficult to focus on LED lighting, crystal are possible investors.