Silian Group acquires Honeywell to build a full LED chain
Silian Group's wholly-owned subsidiary, Canada Silian Sapphire Co., Ltd., established in Canada through the acquisition of Honeywell's sapphire business, has been officially registered in the near future, and relevant personnel training is also in place. This means that Silian Group has fully taken over the Honeywell sapphire business.
This is a very successful acquisition. Liu Shaoyun, chief economist of Silian Group, said that according to the industry's understanding, success includes the following three meanings: obtaining the sapphire epitaxial wafer (wafer) packaged LED luminaire, an ever-expanding pyramid industry framework; obtaining the sapphire substrate already owned by Honeywell R&D capability and downstream North American and European markets; becoming the only company in China capable of processing high-quality sapphire substrates on a large scale, occupying the fast-growing domestic market
It is understood that LED is the most promising energy-saving technology and industry in the world today. As the most important basic material for LED epitaxial wafers and chip products, sapphire material is the upstream technology product of international high-end LED chip industry. Its production technology is mainly in Japan. In the hands of developed countries such as the United States. At present, although there are many sapphire substrate manufacturers in China, but because the product quality can not meet the needs of the industry, the sapphire substrates required by domestic enterprises are almost all dependent on imports. At the same time, there is a serious shortage of sapphire materials, especially large-sized materials, on the international market.
Upon successful acquisition of Honeywell's sapphire business, Quad Group will continue to advance the development of the sapphire business in Canada, positioning it as a North American market center and a global R&D center. At present, the demand for sapphire in the domestic market is still in the 2-inch product, and the Canadian factory has been able to mature the production of 4-inch products, and launched the development of 6-inch products. Therefore, after receiving the plant, Silian Group will transform its original business model, thereby reducing the overall cost and further consolidating the plant's position in the European and American markets. Liu Shaoyun said that on the other hand, Silian Group will also establish a semiconductor lighting industrial park in Chongqing to scale up the development of related industries.
It is reported that the industrial park with sapphire factory, LED packaging factory and lighting factory will start construction within the year, with a total investment of 400 million yuan. After completion in 2012, it will form a sales value of 1.5 billion yuan. Its products are mainly for China and Asia Pacific. By then, Chongqing will become the world's first low-cost LED substrate substrate material supply base, while solving the core bottleneck of the domestic LED industry development, while promoting the formation and growth of the cost LED industry chain.
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