To attack MOCVD market force China monopoly enterprises

LED industry epitaxial chip manufacturing industry peers, Ace strong (AIXTRON) and MOCVD (VEECO) two device manufacturers are love hate intertwined".

Ace strong and Viiko production equipment, in the epitaxial chip manufacturing process indispensable. As a result, the two manufacturers from Germany, the United States has long controlled the MOCVD industry more than 90% of the share.

In addition, since the implementation of the local government in 2009 MOCVD equipment procurement of high subsidies, so that the real beneficiaries of the subsidy policy is not only the domestic LED companies, but also to promote a strong Ace and Viiko rose.

Over the past 2 years, Chinese companies have been seeking breakthroughs in the field of MOCVD equipment manufacturing. Although not necessarily enjoy "heroism" in the local government subsidies, but if the "break the monopoly of foreign monks", in the LED industry is still in the development stage, domestic enterprises will also share dividend to industry "".

LED "foreign monks" attack "China monopoly enterprise MOCVD Market

"Foreign monk" monopoly

MOCVD is a kind of metal organic chemical vapor deposition technology, the technical equipment quoted at 15 million yuan / sets, accounting for LED epitaxial chip production cost of 40%~50%.

2009 years ago, the MOCVD industry is not a large volume of the industry, it is used in Blu ray, high-power material cutting, optical fiber communications and health care, etc..

Sheng Photoelectric Equipment (Shanghai) Co. Ltd. (hereinafter referred to as "Sheng Photoelectric") a person in charge said: "before 2009, a small LED industry and the MOCVD market, Ace is the only strong and easy dimensional division, a Japanese company to provide MOCVD equipment. After 2009, due to the application of backlight, LED industry to achieve a blowout type development, the two companies to provide a development opportunity. In addition, new entrants to the MOCVD provider, some can not provide equipment to meet customer needs and Technology (such as the United States Applied Materials), have failed to provide equipment to catch up with the market window in a timely manner, leading to the Ace and ekey dimension "overlord" situation. "

As of 2012, Wei Yi accounted for 62% of the market share of the industry, Ace strong market share decreased to 28%, down to $second.

The growth in global LED demand has prompted an increase in orders for both overseas companies. 2010, in 2011, buyers from China's large purchases, but also to make Ace strong and dimensional Yi branch, count the money to soft". Behind this, China's local government generous subsidies.

Guangda photoelectric equipment technology (Jiaxing) Co., Ltd. (hereinafter referred to as "brilliant light") founder and CTO Liang Bingwen, with his palm computer pictures to illustrate how the market "Crazy" in:2006, the global MOCVD equipment shipments to 100 units, more than and 100 units in 2007; by 2010, the figure reached more than and 800, an increase of 277% in 2009. But the normal market demand is about 300 to 500 units. "

Data also show that in 2010 800 units of MOCVD equipment shipments, there are about 60% (about 480 units) from China's demand. In 2011, China's new MOCVD volume of about 483 units, in 2012 dropped to more than and 200 units.

I estimate that in 2010, during the period, the local government subsidies for MOCVD equipment in China on the billions of dollars in. Liang Bingwen said.

2009, Jiangsu, Yangzhou, the first to introduce policies on different MOCVD devices, respectively, 8 million, 10 million yuan of different subsidy standards. Subsequently, Xiamen, Foshan and Wuhu have followed suit. Derun Gouda, Sanan optoelectronics, nationstar optoelectronics and other domestic companies in the policy incentive, wantonly procurement of MOCVD equipment. If the purchase amount and Derun Gouda Sanan optoelectronics up to hundreds of.

That time, Europe and the United States companies also accidentally lying money". Ace strong 2008, in 2009 revenues of 274 million 400 thousand euros, 302 million 900 thousand euros, but in 2010, in 2011 revenues reached $780 million and $610 million. Its EBIT (EBIT) surged to 275 million euros in 2010, only in the year of 2009 was only $62 million 700 thousand.

Similarly, Viiko's performance in 2010 hit a record high of $933 million, profit of $261 million. Among them, the company's fourth quarter revenue of $300 million, up $119 million in 2009, a substantial increase.

Chinese enterprise "attack"

Although China's existing government subsidies have slowed the pace, but the development of LED is still unstoppable, MOCVD equipment R & D, production still has a good prospect. At present, including Sheng Photoelectric, lidar tech, Guangdong Zhao letter and Shanghai ideal energy companies are actively involved in.

Liang Bingwen said that in January 2013, brilliant light has passed the process capability of MOCVD equipment verification, and reached a long-term supply of domestic and foreign companies with the intention of. Sheng Photoelectric aforementioned person in charge also revealed that in mid 3 this year, has been listed on the independent R & D of the first MOCVD equipment, but also has a customer.

However, the person in charge of the aforementioned photoelectric reporter, said: MOCVD is the core of high-end equipment in the LED industry chain. It not only involves 50 disciplines and many high-end technology, and LED epitaxial process difficulty is very high, the quality of epitaxial thin film thickness and wavelength uniformity and repeatability of the stringent requirements of a great challenge to the development of MOCVD equipment. MOCVD equipment R & D investment spending huge, if the enterprise does not have long-term, sustained investment, it is difficult to have immediate economic benefits in the short term. "

"In terms of the market, two overseas companies are now slashing prices and dumping losses, which will severely crack down on domestic competitors. Zhong Sheng Zhong