TPV Technology sets up a joint venture company to enter the LED market

From lighting to LCD screens, LEDs have become the market leader, and a new member will be welcomed in this field. Yesterday, TPV Technology announced that its wholly-owned subsidiary, TPV Technology Investment Co., Ltd., together with Everlight and Epistar, established a joint venture company, Yiguanjing (Fujian) Optoelectronics, to formally enter the LED market.

The joint venture has a total capital of US$25 million, of which TPV has invested 25%, Everlight has invested 65%, and Epistar has invested 10%. The main business of the joint venture includes designing, selling, manufacturing and supplying LED light strips, LED packages and other LED related components and modules, as well as providing after-sales service in China. The relevant person in charge of TPV told reporters that TPV has its own brand of TV and monitors, but has not cut into the upstream and lighting industry of LED displays. This investment is also the first time.

According to the International Semiconductor Equipment Materials Industry Association, the global LED market value reached US$8.056 billion in 2009, and is expected to increase by another three times in 2013. Among them, large-size backlights and lighting fixtures will become the most important applications. However, the current production capacity is still lower than the market demand, and the gap between supply and demand is about 20% to 30%. Therefore, enterprises are now considered a wise choice.

According to the analysis, Philips, the second largest shareholder of TPV, has taken the lead in LED design applications. Philips can provide strong technical support to TPV's lighting business, and TPV has extensive experience in the display field. The possibility of the panel.

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