LED Epitaxial Taiwan Plant Jingdian Optoelectronics (2448) invested in Taiwan's sapphire substrate factory Zhaoyuan Technology (4944) at no more than NT$202.5 million, and estimated 7.5 million shares with Zhaoyuan private cash increase of 27 yuan per share. In addition, Jingdian also invested 4% in Zhaojing. The first LED epitaxial wafer factory crossed the sapphire substrate market.
Zhang Shixian, deputy general manager and spokesperson of Jingdian, said that due to the strong demand for LED sapphire substrates for LED upstream, the sapphire substrate will increase sharply in 2010, and the cost ratio of sapphire substrates has been raised to 15%~20%. On the one hand, Jingdian’s investment strengthens the relationship between upstream and downstream, and on the other hand, it makes financial investments.
Related stock price 2010/07/06 - 15:50 Jingdian TWD 88.00 (+5.64%)
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