Yuyuan successfully passed the introduction of 120 million private shares invested by Sanan Optoelectronics
The LED chip factory held a shareholders' temporary meeting on January 3, and successfully passed the introduction of 120 million private shares invested by Sanan Optoelectronics. Looking forward to the LED industry this year, the chairman of the board of directors, Jian Feng, said that due to the continued growth in backlight and lighting demand, the LED industry may be disqualified from the "four major miserables" this year. As for the round, Jane was appointed to express his efforts to turn profit and to lose money two years before the end.
Jane Feng Ren believes that the value of backlights will still be higher than last year. The main growth momentum is from the mainland, and the proportion of LED chips used by mainland TV brand factories will increase this year. As for the lighting part, since the nuclear disaster in Fukushima, Japan, the government began to subsidize the policy. Although Taiwan is a shallow dish market, the scale is not large, but the government has also begun to propose subsidies. In addition, the mainland subsidy policy will be announced soon. Will be higher than in previous years.
Cross-strait cooperation to replace competition
Jane Feng Ren pointed out that the reason why the four major mischievous businesses are called miserables is caused by the bloody competition between mainland China, Taiwan and South Korea. If it is not changed from the operational layout and strategic approach, the LED industry is likely to step into DRAM ( Dynamic Random Access Memory, LCD (Liquid Crystal Display) and solar dust. The way to change includes expanding the international channel and turning competitors into partners. This is why the reason why Yuanyuan has to cooperate with Sanan.
Jian Fengren pointed out that for the cooperation with Sanan, it is necessary to replace the vicious competition with the innovative business cooperation model between the two sides, because the two companies are complementary, including market segmentation and product patent differences. Jane Fengren pointed out that Sanan's 98% revenue comes from the mainland, but only 7% of the round, with different products and patents from both sides, to support each other's customers' needs. The target of this year's mainland revenue growth is 15-20%.
Jane Feng Ren said that Sanan products are mainly used in small-sized panels and lighting, while round-shaped products are mainly large-sized panels. In the future, it is expected to increase orders from mainland panel factories. Jane Fengren stressed that the current price of TV product terminals is declining, and the component factories are also required to continue to reduce costs. In order to meet the scale of Sanan's production capacity, raw material demand should be the largest in the world, which will help the bargaining power of both parties.
Expect to receive a new customer list
Jian Fengren emphasized that the patent interaction authorization signed by Toyota Synthetic and Yuyuan of Japan is exclusive and has nothing to do with Sanan. As for whether Sanan has entered the board of directors, Jane Feng Ren said that it depends on the resolution of the shareholders' meeting, but the two seats of the major shareholder Mitsui will not change.
In addition, Jane Feng Ren said that after the introduction of Mitsubishi, a strategic partner in 2010, Mitsui played a key channel role. After another patent interaction with Toyota Synthetic, Yuyuan also successfully entered the Sharp supply chain, and now through Mitsui. The round products have passed the certification of the Japanese packaging factory, and this year it is expected to obtain new orders for Japanese lighting and backlighting, and further penetrate into the supply chain of other international lighting manufacturers.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
Jane Feng Ren believes that the value of backlights will still be higher than last year. The main growth momentum is from the mainland, and the proportion of LED chips used by mainland TV brand factories will increase this year. As for the lighting part, since the nuclear disaster in Fukushima, Japan, the government began to subsidize the policy. Although Taiwan is a shallow dish market, the scale is not large, but the government has also begun to propose subsidies. In addition, the mainland subsidy policy will be announced soon. Will be higher than in previous years.
Cross-strait cooperation to replace competition
Jane Feng Ren pointed out that the reason why the four major mischievous businesses are called miserables is caused by the bloody competition between mainland China, Taiwan and South Korea. If it is not changed from the operational layout and strategic approach, the LED industry is likely to step into DRAM ( Dynamic Random Access Memory, LCD (Liquid Crystal Display) and solar dust. The way to change includes expanding the international channel and turning competitors into partners. This is why the reason why Yuanyuan has to cooperate with Sanan.
Jian Fengren pointed out that for the cooperation with Sanan, it is necessary to replace the vicious competition with the innovative business cooperation model between the two sides, because the two companies are complementary, including market segmentation and product patent differences. Jane Fengren pointed out that Sanan's 98% revenue comes from the mainland, but only 7% of the round, with different products and patents from both sides, to support each other's customers' needs. The target of this year's mainland revenue growth is 15-20%.
Jane Feng Ren said that Sanan products are mainly used in small-sized panels and lighting, while round-shaped products are mainly large-sized panels. In the future, it is expected to increase orders from mainland panel factories. Jane Fengren stressed that the current price of TV product terminals is declining, and the component factories are also required to continue to reduce costs. In order to meet the scale of Sanan's production capacity, raw material demand should be the largest in the world, which will help the bargaining power of both parties.
Expect to receive a new customer list
Jian Fengren emphasized that the patent interaction authorization signed by Toyota Synthetic and Yuyuan of Japan is exclusive and has nothing to do with Sanan. As for whether Sanan has entered the board of directors, Jane Feng Ren said that it depends on the resolution of the shareholders' meeting, but the two seats of the major shareholder Mitsui will not change.
In addition, Jane Feng Ren said that after the introduction of Mitsubishi, a strategic partner in 2010, Mitsui played a key channel role. After another patent interaction with Toyota Synthetic, Yuyuan also successfully entered the Sharp supply chain, and now through Mitsui. The round products have passed the certification of the Japanese packaging factory, and this year it is expected to obtain new orders for Japanese lighting and backlighting, and further penetrate into the supply chain of other international lighting manufacturers.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
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