After entering this year, domestic LED chip manufacturers frequently operate and continue to sprint production capacity to maintain the pace of expansion. In contrast, a number of international LED chip companies are reducing production capacity to alleviate the current situation of supply and demand imbalance in the LED industry and the price drop. pressure.
Indeed, the LED chip industry has gradually returned to the rational stage after successively undergoing “investment fever†and “overcapacityâ€, and many industry experts expect this year to come to the “recovery†process.
Domestic chip giant Huacan Optoelectronics (300323), this year also passed a number of positive measures to guide the correct development of the company, with a total investment of 6 billion yuan in LED epitaxy, chip and sapphire projects, recently launched a groundbreaking ceremony in Yiwu, Zhejiang.
In addition, the 1.5 billion yuan cooperation agreement signed with Mulinsen, the participation of 3 million shares in the North, and the acquisition of Blue Crystal Technology are important layouts of Huacan Optoelectronics this year.
"LED extension, chip and industrial chain extension projects mainly focus on building an internationally renowned LED industry base. Through the implementation of the project, the upstream and downstream of the LED industry chain and supporting enterprises will be concentrated, which will help further expand the company's scale and cost advantages and enhance the company's core. Competitiveness and industry influence.†Bian Difei, vice president of Huacan Optoelectronics.
Moreover, Huacan Optoelectronics' site in Zhangjiagang is also expected to start 15 MOCVD, which has become another source of new capacity.
"At present, Huacan Optoelectronics core products in addition to the main layout in the display, backlight and lighting three areas, flip, CSP and other new product lines have also made rapid breakthroughs." Bian Difei mentioned.
At the end of the interview, regarding the development trend of the LED chip industry in 2016, Bian Defei believes that the current price of LED epitaxial wafers and chips is basically stable, and the industry is showing a healthy development trend. Follow-up Huacan does not rule out further expansion plans. Meeting the growing demand for customers in the display and lighting markets, it will also actively push the entire chip industry back to a more rational state.
On June 9th, Guangzhou Pazhou, Shangri-La, Gaogong LED will hold the 2016 (fourteenth) high-tech LED industry summit forum. At that time, Vice President of Huacan Optoelectronics, Bian Difei will also come to the site to make "real upstream chip". The global competition has just begun. The keynote speech, Gaogong LED also invites you to participate and support.
LED company's global growth path, look forward to your joining! Are you excited? Not coming will be your loss! 
Vice President of Huacan Optoelectronics, Bian Difei
Resume: Mr. Bian Defei, born in 1972, Chinese nationality, Bachelor of Mechanical Design and Manufacturing, Yantai University, is currently a director and vice president of the company. He used to be the sales manager of Motorola (China) Electronics Co., Ltd.; he served in Huacan Optoelectronics since December 2008 and has served as assistant to the president and vice president.
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