Gan Zhao Optoelectronics accused Taiwanese companies of dumping products on the mainland, which has brought price pressure on LEDs and increased their risk of expansion.
Yesterday, Xiamen Ganzhao Optoelectronics Co., Ltd. will sign a power chip supply order with Shanghai Space Power. Although the news has not been confirmed, it may have a greater impact on the stock price, which has caused the Shenzhen Stock Exchange to pay attention to the suspension of trading. It is reported that the company has announced that it plans to spend more than 550 million yuan to raise funds to expand its main business capacity.
Ganzhao Optoelectronics has mastered the core technology of quaternary red and yellow LED epitaxial wafers and chip production in mainland China. It is one of the largest enterprises in the field in mainland China. It is also the largest enterprise in the mainland capable of mass production of triple junction GaAs solar cell epitaxial wafers. one.
The company recently said that for the LED epitaxial chip project, the main risk in the market is the over-expansion of the domestic quaternary LED chip industry, causing price fluctuations, coupled with price pressures from overseas companies, especially Taiwanese companies, on dumped products from the mainland. .
There is a certain gap in technology between mainland LED companies and international manufacturers. At present, Taiwan's Quaternary Red and Huangguang chip production accounts for more than 70% of the world. For Ganzhao Optoelectronics, the main competitors include Taiwan Jingyuan Optoelectronics, Huashang Optoelectronics, and Keli Optoelectronics.
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