Mulinsen shares in 2010 into the domestic LED "billions of clubs"
The transformation of Mulinsen Co., Ltd. began in 2009. This year, Mulinsen became the largest LED packaging base in Asia, and its output value increased from 200 million yuan in 2007 to 810 million yuan. In 2007, Mulinsen had 4,000 employees, but in 2009 it fell to more than 1,000 people.
At present, for Mulinsen, in addition to chip development, all other links have achieved independent production. The packaging link is the advantage of Mulinsen. At present, according to the production scale, Mulinsen is the largest LED packaging base in Asia, and its domestic packaging share accounts for 30%-40%.
In 2009, the company's production costs were reduced by 60% compared to 2007 through improvements in packaging processes and materials. In the past, the gold wire was connected to the chip and the bracket. Mulinsen was improved and replaced with iron wire, and the cost dropped by 20%.
Mulinsen is rapidly becoming the leader in the packaging industry. According to company executives, the total output value of Mulinsen in 2010 will exceed 1 billion yuan. At present, the company is planning to go public, and has entered the ranks of the Zhongshan Municipal Government to promote listed companies this year.
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