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Following the end of May 2010, after the agreement between Jingdian and Guangjia announced the strategy, in early June 2010, Korean manufacturers LG Display (hereinafter referred to as LGD), Yiguang and Ruixuan Board of Directors decided to jointly establish LED packaging factory in Wujiang, mainland China. As LLG's downstream group player LG Electronics is not only the world's second-largest LCD TV brand, in 2010, LED TV shipments are more eager to catch up with the No. 1 Samsung Electronics...
In the past, LG Innotek's LED component applications were more focused on handheld LED backlights for handheld devices, and its position in the global LED industry was not significant. Since 2009, with the LED TV market taking off, LG Innotek has become more active in the LED business unit. According to the MOCVD machine order quantity, the total number will be 100 units from 2009 to 2010. According to the layout and outlook of Lejin LED business, the revenue in 2010 is estimated to be 800 billion won (US$650 million), which will grow 174% compared with 2009. LG's downstream estuary includes LED TV and downstream LED lighting applications. Taking LED TV as an example, in 2010, the target shipments will reach 6.5 million units, and LG has begun to lay out LED lighting product lines, so LED components are available. The demand is getting bigger and bigger. In terms of LG Innotek LED component layout, in addition to internal supply, it is still necessary to rely on external supply. Taking LED dies as an example, LG Innotek outsourcing sources include Toyota Synthetic, Seoul Opto Device (Shenzhen Semiconductor upstream die factory), Samsung LED, Jingdian, Yuyuan, etc.; cooperative packaging plants including Yiguang, Seoul Semiconductor, Wooree LED Heesung Electronics, etc.
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