Recently, Guoxing Optoelectronics invested in the US RaySent Technology Company and obtained the approval of the Guangdong Provincial Department of Commerce and issued the “Enterprise Overseas Investment Certificateâ€. The approval and filing documents for other overseas investments are being processed.
In October last year, the second meeting of the fourth board of directors of Foshan Guoxing Optoelectronics Co., Ltd. (hereinafter referred to as “the companyâ€) reviewed and approved the “Proposal on Investing in RaySent Technology Company of the United States for LED High-Power Chip R&Dâ€.
On December 13, 2016, Guoxing signed a capital increase agreement with RaySent Technologies, Inc. (hereinafter referred to as “RaySent Technologyâ€). The company increased its investment in RaySent Technology with its own funds of US$11 million. After the investment is completed, RaySent Technology has become a holding subsidiary of the company.
RaySent Technologies develops, manufactures and markets LED epitaxy, chips, devices and LED lighting products, as well as other semiconductor related devices and products, providing after-sales service, technical support, related engineering and services.
Major core team members with high-power LED chips and related know-how on silicon have established RaySent Technology in the US, and their intellectual property and proprietary technologies cover all aspects of LED production processes such as epitaxial growth, chip manufacturing, and packaging. .
Through this cooperation, RaySent Technology will license the unique silicon substrate GaN epitaxial technology and the intellectual property of vertical structure LED and its derivative structure to Guoxing Optoelectronics and its subsidiaries, and realize industrial production through Guoxing Optoelectronics and its subsidiaries.
After the above technical cooperation is successfully implemented, RaySent Technology will independently develop the market and continue to develop other third-generation semiconductor related technologies and products based on silicon substrates.
Undoubtedly, RaySent Technology's high-power LED chips and related know-how on silicon substrates are highly technical and commercially valuable.
It is undeniable that the silicon substrate has the advantages of large crystal size, low cost, easy processing, high thermal conductivity and good thermal stability, which can greatly reduce the cost of the LED chip, and contribute to the miniaturization and high current density of the LED device. . At the same time, silicon-based GaN LED chips with thin film structures can be expected to have higher yield and better device reliability.
In addition, RaySent's core team members have more than 20 years of experience and industry development experience.
The RaySent technology team's long-term research and optimization of thin-film structure LED chips has a wide range of applications, and the high profit margin of related chip products will help Guoxing Optoelectronics avoid homogenization competition and create new products with core competitiveness on the market. The company can achieve the goal of improving the performance of existing products and large-scale production in a short time and at low cost.
Guoxing Optoelectronics said that the company is committed to becoming a fully-developed LED enterprise. This cooperation is an important step for the company to accelerate the internationalization process and promote the implementation of the globalization strategy. It is also an important deployment of the implementation of the innovation strategy, which will help the company to upgrade its upstream technology strength. Promote the company's upstream and downstream industry chain balance to become bigger and stronger, and form a competitive advantage.
On the other hand, with the development of RaySent Technology, the company can look forward to achieving better investment profit expectations, enhance business expansion capabilities, and enhance the company's industrial status, comprehensive strength and new field development capabilities.
Guoxing Optoelectronics' 2016 annual report shows that the company's total operating income was 2.418 billion yuan, up 31.54% over the same period of last year; the net profit attributable to shareholders of listed companies was 192 million yuan, up 20.02% over the same period of last year; See, extension and chip revenue reached 99.728 million yuan, an increase of 13.22%.
Deep Cycle GEL VRLA Batteries,deep cycle battery,gel battery,valve regulated lead acid vrla,valve regulated lead acid,golf buggy batteries
EMoreShare International Trade (Suzhou) Co., Ltd , https://www.emoreshare.com