After nearly one year of construction, the first phase of Huacan Optoelectronics Yiwu Plant was officially put into operation on July 15. The president of the company, Liu Wei, said that the commissioning of the Yiwu plant marked the successful completion of the first phase of Huacan Optoelectronics' new capacity expansion. At the end of this year, the company's 4-inch LED chip capacity can reach 425,000 pieces / month, which will greatly ease the current capacity shortage and further increase the market share of products.
Yiwu plant area plans to invest a total of 6 billion yuan, more than 280 acres of land, will increase the production capacity of 250,000 pieces / month 4 inches LED epitaxial chip after the completion of production, the first phase of the project is currently invested, 3 billion yuan, covering 140 acres, By the end of the year, it will form 150,000 pieces of LED chips per month and 200,000 pieces of sapphire substrate.
It is reported that the current expansion of global LED chips is mainly concentrated in the Mainland, while the expansion of domestic manufacturers is the largest in Sanan Optoelectronics and Huacan Optoelectronics, including Yiwu, and Huacan Optoelectronics is expanded from 200,000/month in 2016. By 425,000 pieces/month in 2017, the production capacity will increase by 225,000 pieces, more than doubled, and the company's sales revenue in 2017 will also increase significantly.
Not long ago, Huacan Optoelectronics' interim results forecast shows that it is expected to achieve a net profit of 213 million yuan to 228 million yuan from January to June this year, a year-on-year increase of more than 300%. Liu Wei revealed that the company's sales revenue this year is expected to increase by more than 80% on the basis of 1.58 billion yuan in 2016, and strive to achieve the goal of 3 billion yuan.
Yu Xinhua, IDG Capital Partner and Chairman of Huacan Optoelectronics, believes that in the future, the LED industry will focus on the growth breakthroughs in new applications such as automotive lighting, plant lighting, smart lighting, and small-pitch LEDs and MircoLED.
He also said that IDG will continue to build platform enterprises around the key links of the semiconductor industry chain, and carry out vertical and horizontal integration, while continuing to do Dahua Can Optoelectronics, making the company a world-class LED manufacturer.
Wang Jiangbo, vice president of Huacan Optoelectronics, said that the company's R&D investment has continued to increase. Newly developed small-pitch LEDs and flip-chip MiniLED chips have been introduced to the market, and MircoLED is also under development.
At present, Huacan Optoelectronics has formed four production bases in Wuhan, Suzhou, Yuxi and Yiwu. In addition, it has also completed the acquisition of the upstream sapphire substrate enterprise Lanjing Technology. With the integration of LED epitaxial chips and sapphire substrates, the Yiwu plant will become The company's largest production base, and led downstream enterprises to invest in Yiwu to build a factory, it is understood that the country's largest packaging company, Mulinsen will also invest 1.5 billion yuan in Yiwu to build a factory.
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