"This is expected, just in the morning and evening." Ye Guoguang, deputy general manager of Deli Optoelectronics, heard the news that Huaxin's joint scale is small and the machine is old and has been difficult to make profits.
Huaxin joint difficult road <br> <br> research information display, Xi'an Huaxin joint wholly owned subsidiary of China Taiwan's Walsin areas established in the mainland, was established in June 2009. The project plans a total investment of 200 million US dollars, the first phase of the project investment of 55 million US dollars, Xi'an Huaxin United Technology Corporation products related to the entire semiconductor lighting industry chain, from the upstream epitaxial wafer and chip production, to the midstream package and module, and downstream Lighting and application product development.
At the end of 2010, Xi'an Huaxin United won a capital increase of US$75 million from the parent company. According to the investment plan, Xi'an Huaxin United Technology Co., Ltd. LED industrialization project can finally realize an annual output of 350 million high-brightness LED chips and about 5 million packages. Production scale.
At the end of 2011, Shaanxi Xi'an United Technologies Co., Ltd. produced 150,000 pieces of LED epitaxial wafers and put them into production. After Huaxin Lihua grabbed the LED field, it officially entered mass production.
Huaxin Lihua said at the time that the LED layout will enter the harvest period in the next one to two years. The industry believes that with the current scale, using the 4-inch market estimate, the maximum annual performance of Huaxin can be about 1.3 billion to 1.5 billion Taiwan dollars, but the actual operating performance will still depend on the yield and sales model.
According to the survey data, Xi'an Huaxin jointly owns MOCVD19, and its products include blue-green and red-yellow epitaxial chips.
Before 2014, the LED industry was in a low period and there was a serious overcapacity. Huaxin United had not been able to achieve large profits after it was put into production at the end of 2011. Industry insiders familiar with the epitaxial chip field said that there were government subsidies and other preferential measures at the time. It’s hard to make a profit.
With the gradual end of subsidies, although the beginning of 2014, LED lighting began to increase, but Huaxin United is limited by the lack of production capacity, coupled with the old equipment, not short-lived in the market competition.
This also laid the groundwork for today's sale.
In June 2014, at the closed-end summit of the epitaxial chip enterprise round table in mainland China, Chen Xiaotong, the special assistant to the chairman of Taiwan Huaxinli and the director of the epi-plating factory, admitted that the upstream chip factory will not necessarily disappear in the future and may be acquired. And join the alliance, but the number of companies will definitely decrease. "Compared with the image, the upstream chip factories are basically in the bones. We hope that by establishing cooperation, the meat on the bones can be slightly more. The cooperation model of Huaxin Lihua is relatively open, there is no fixed model, alliances and mergers and acquisitions. The way to follow up can be considered."
This speech also stated that Huaxin Lihua has begun to consider exit measures such as mergers and acquisitions.
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