Will flexible led strip be reshuffled?

The buy-out fund, led by GSD and co-invested by Zheng Jianming’s Asia Pacific Resources Development Investment Co LTD, announced last night after tense negotiations in the Netherlands that it had acquired 80.1 percent of Lumiledsfrom Royal Philips. Philips will retain the remaining 19.9 percent *. The transaction, valued at approximately $3.3 billion, is expected to close in the third quarter of 2015, subject to regulatory approvals and other closing conditions.

Close to the Jinsha River venture people told reporters that Zheng Jianming on the Asia-Pacific resources investment share is very large. LED the philips LED jinsha River venture investment and Zheng Jianming more cooperation, close relations. For example, Jinsha Jiang had invested in Jingneng for many years, and Shunfeng acquired Jingneng not long ago.

This is zheng jianming’s consistent action and an important part of his efforts to develop a complete vertical supply chain. He led the 2013 suntech acquisition in Wuxi, where he spent 3 billion yuan trying to consolidate China’s photovoltaic industry. On the evening of March 23 last week, Shun Feng Clean Energy, a Hong Kong-listed company owned by Zheng Jianming, announced a memorandum of understanding with Jingneng Optoelectronics to acquire a 51 per cent stake in the company and become the controlling shareholder.

The company mainly produces LED chip products for general lighting, display screen, LCD backlight and industrial areas. It has silicon substrate GAN epitaxial growth and chip processing technology. Sapphire, a former supplier of Apple, also has technology, products and markets in this field. The acquirer even claims that the acquisition will allow it to expand its business from “electricity” to “light” by extending solar power into lighting and LEDS.

The acquisition of LumiLEDs crystal energy and Philips LED enterprise, there is a momentum of LED reshuffle.

“Five years ago, the LED chip industry was basically a monopoly of foreign and Taiwanese investment. In the next five years, domestic enterprises will develop. I think it is a sunrise industry.” Jinsha River venture co-founder and managing director Wu Shenjun said. It is reported that the core patent technology of LED has long been philips, Osram, Riya chemical, Toyota. Cheng, Kerui five international giants control. These five big manufacturers form a monopoly through cross-licensing, and domestic enterprises are strangled. Among them, Philips LumiLEDs has the most patents. The acquisition also includes the transfer of more than 600 philips patents related to LED manufacturing and automotive lighting to LumiLEDs. This is what Zheng Jianming values.

LumiLEDs, which includes LED and automotive lighting divisions, has customers such as BMW, Volkswagen and Audi. Philips came out. The unit is being sold “to focus on the healthcare industry”. At the signing ceremony last night, Philips executives said that the LED industry is a great opportunity, but it needs continuous investment in production capacity, research and development, equipment and other aspects. The spin-off can focus on the medical industry.

Wu shenjun told reporters that Philips business covers hundreds of countries, dozens of LED production lines, automotive lighting alone has 85 lines. China does have a lot of spare LED capacity, and Wu hopes to work with local governments to “quickly consolidate this capacity” and build a company that will go from domestic to international markets.

“I’ll wait a few years for my chance.” Zheng Jianming once said in an interview. And within a month two moves, heavy capital acquisition LED company, Zheng Jianming see this time? How long the industry shake-up can be completed is unknown, but the traditional LED companies must be trembling.

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