2017- 08-28 14:08 Source: Senior EngineerLED
Huacan Optoelectronics (300323) wholly-owned subsidiary Ayanite Technology and the Hongta District Government of Yuxi City have added an annual output of 3500 A framework agreement was signed for the 10,000-piece LED substrate expansion project, with an estimated total investment of 1 billion yuan.
HC Semitek (300323)August 25 In the evening announcement, the company's wholly-owned subsidiary Lanjing Technology and the Hongta District Government of Yuxi City signed a framework agreement for an expansion project with an annual output of 35 million LED substrates. The total investment of the project is expected to be 1 billion yuan.
The government aims to support enterprises, create development conditions for enterprises, encourage enterprises to become bigger and stronger, and promote rapid and healthy development of enterprises. Ayanite Technology plans to grow bigger and stronger by expanding production to meet the increasing market demand. After the completion of the project, Ayanite is expected to become the largest production capacity in the worldSapphireOne of the substrate manufacturers.
According to the announcement, the project is intended to be located within Party B's own land, with a land area of about 75 mu and a construction period of 16 The construction is planned to start in September 2017.
HC Semitek said that the normal implementation of this project will help the company's business expansion and further expand the company's scale and cost advantages , enhance the company's core competitiveness and industry influence, and is expected to have a positive impact on the company's performance in the following years.
HC Semitek has been engaged in R&D, production and sales of LED epitaxial wafers and chips since its establishment. The main products are Epitaxial wafers and full-color LED chips. At present, the company's main business is the production and sales of high-brightness LED epitaxial wafers and chips. The LED chips can be widely used in full-color display screens after being packaged by customers. a href="http://news.gg-led.com/search/%B1%B3%B9%E2%D4%B4.html">Backlight< /b> and lighting applications.
The company added sapphire single crystal, epitaxial substrates and other sapphire window materials with the acquisition of Ayanite Technology in 2016 business.
In the first half of this year, HC Semitek has vigorously developed the high-efficiency lighting market and In the backlight market, focus on the development of high-voltage products and backlight products, rapidly improve the technology of flip-chip products, and actively expand production, which has stabilized the top two suppliers in the domestic white light lighting market. Benefiting from the synergies of mergers and acquisitions, the company's production and sales scale of sapphire substrates has also grown significantly, maintaining a leading position in the industry.
In terms of products, the company provides LED chips and epitaxy products with a full range of blue-green and red-yellow colors and wavelengths. The process of the chip is divided into positive and flip-chip products, and epitaxy and chips are mainly produced in 4-inch wafers.
In emerging markets, both infrared and Micro LEDs are in the close development stage, infrared LEDs are expected to be mass-produced by the end of the year, and Micro LEDs Actively cooperate with international manufacturers for development, and the company is actively deploying the research and development of lasers and deep ultraviolet chips.
Since entering2017, the demand for LED chips has been strong, and the equipment is still in short supply when it is in full production. The company communicates with equipment manufacturers to speed up the delivery of equipment to install, debug and put into production as soon as possible to meet customer needs as much as possible. Starting from February, the expansion of blue-green and red-light projects in the Suzhou subsidiary has been accelerated, and the equipment renovation and upgrading in Wuhan has been completed, further improving equipment production efficiency, achieving a larger-scale effective output target, and meeting the rapidly growing market demand.
Zhejiang Subsidiary was also successfully completed at the end of June 2017 and completed in July 2017Official production began in January. Production capacity will be gradually released in Q3, and economies of scale can be expected. The company's sapphire substrates benefited from the synergistic benefits of mergers and acquisitions, accelerated the expansion of production capacity, and significantly increased the scale of production and sales, maintaining a leading position in the industry.
With the continuous expansion of production capacity in the second half of 2017, the production capacity is expected to reach 1.6 million pieces/month by the end of the year. The company will stabilize the second position in domestic scale. Due to the concentration of the industrial chain and the market "bigger Evergrande", the follow-up development can be expected, and the scale and cost advantages and technological advantages will be more obvious.