Taiwan Plant Yuanyuan Optoelectronics plans to raise 1.5 billion Taiwan dollars to augment new equipment

Taiwanese company Yuanyuan Optoelectronics is preparing to raise NT$1.5 billion in convertible corporate bonds, and it is estimated that it will purchase new equipment and become the first upstream fundraising plant to be funded this year.

In the strategic alliance of Dongbei Optoelectronics, Yuyuan Optoelectronics gradually captured the LED TV market, in addition to re-entering the supply chain of South Korea's Samsung, and at the same time obtaining orders for LED backlights from Japanese panel makers, and in 2012, the market in the mainland market In addition to Dongbei Optoelectronics, through other packaging factories, it has entered the backlight orders of the top five TV factories in China, including TCL, BOE, Changhong and Skyworth.

The gross profit margin of LED TV backlights in mainland China is better than that of Japanese and Korean customers. The revenue of China's mainland in this year is also expected to double, which is conducive to profit. At the same time, Yuyuan has considerable growth in LED lighting. In particular, it supports the major shareholder Datong Group and promotes LED lighting. Datong has 243 advantages in the province and provides services to enterprises and people who install LEDs. Interest-free loans are equivalent to letting people change LED lighting for free. It is expected to drive the demand for LED chips. The LED lighting in 2012 is expected to account for 36% of revenue, nearly double the 20% in 2011.

Yuanyuan is optimistic about the development of LED lighting in 2013, so buy the machine in advance this year to meet the needs of next year. The company plans to expand production in 2012 and will purchase 6 MOCVDs this year. It is expected to increase 30,000 to 40,000 pieces per month. In addition, the related equipment will be purchased for the chip process, and the process of the chip will be expanded by 40,000 pieces.

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