Yiguang Expo's future expansion plan will invest nearly 6 billion yuan in 5 years

Optimistic about the market demand for TV, lighting and indoor billboard products, Ye Weifu, chairman of Yiguang, said yesterday that it will increase its production capacity in Taiwan by five years and invest 30 billion Taiwan dollars (equivalent to RMB 5.861 billion). Strive for the international market. He said that from 2015 to 2017, it will invest NT$10 billion (equivalent to RMB 1.954 billion), and the first phase of production line will be put into operation in 2016.

After the LED industry experienced fluctuations in previous years, the industry either consolidated or exited the market, and the economy gradually increased. Yiguang has also accelerated its expansion. It plans to purchase 17,000 ping (about 56,000 square meters) of land in Taiwan in three to five years to expand the new plant. Ye Qifu said that the goal is to catch up with international companies.

Ye Haofu said that this year's billion-light production capacity has expanded by 25% overall, but after the expansion, the economy has slightly deteriorated and there is still idle capacity. He dare not say that the LED industry is optimistic in the year, but Yiguang's operation seems to be optimistic. The main performance growth momentum comes from TV, LED lighting and indoor billboards.

Ye Haofu pointed out that the backlight market began to saturate in 2015, but due to the popularity of 4K or 8K high-resolution panels, the demand for LEDs will be more. For example, the same 32-inch TV, the brightness of the 4K panel will be increased by 50%, the demand for the number of LED chips will increase, driving the overall output value.

In the lighting section, the LED lighting penetration rate will increase, and the growth of the indoor billboard section is also promising. At present, Yiguang has a market share of 80% in the indoor billboard product market, and it looks optimistic next year.

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