New Century Optoelectronics Bell Kuanren: Mainland market revenue will jump to 50%

"New Industry" reporter Luo Gemei
On August 18th, Zhong Kuanren, chairman of Taiwan's LED manufacturer New Century Optoelectronics (3383.TW), told the "New Industry" during the 2012 High-tech LED Exhibition that 2012 will be a key year for the transformation of the photovoltaic business structure in the new century, but Due to the price impact of mainland LED chips, the company's 2012 revenue may be reduced compared to 2011.

Zhong Kuanren revealed to the reporter of "New Industry" that the company's Led Display business accounted for 15% of total revenue, LED backlighting accounted for about 60%, and the remaining LED lighting revenue. In 2011, LED display revenue accounted for about 35%.

"It is estimated that in the third quarter and the fourth quarter of this year, the proportion of China's mainland market revenue will rise to 50%." Zhong Kuanren told reporters.

It is reported that the revenue of New Century Optoelectronics in 2011 is close to 1 billion yuan, and 57 MOCVD equipment (LED epitaxial wafer production equipment) is put into production. It is the second LED chip manufacturer in Taiwan, second only to Taiwan Jingyuan Optoelectronics.

Zhong Kuanren told the "New Industry" reporter that the Kunshan plant of New Century Optoelectronics will start construction in October this year, mainly producing LED lighting products.

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