Due to the lack of consensus on the proportion of shares, Dingyuan Optoelectronics (2426) and Lijing Group LED upstream epitaxial wafer plant illuminating electricity merger case is not a game.
Recently, the demand for LED chips has reached 20% to 30%, causing the price of the epitaxial plant to be bullish. Dingyuan originally planned to vertically integrate the upstream epitaxy from the LED midstream factory by acquiring the crystal light.
Ding Yuan stressed that despite the break with the merger of crystal light and electricity, the company's upstream development will continue. At present, the company has purchased seven MOCVD machines, and it is expected that Q3 will be in place in 2010. In the future, it will not rule out the opportunity to merge with other manufacturers to achieve vertical integration of upstream and downstream.
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