AUO's LED factory Ronda set up a factory in Suzhou

As the Taiwan LED industry has set up the layout of the factory in the west, the LED factory of AUO Group, Longda Electronics, convened an interim shareholders meeting, and the merger date with Kaiding will be March 15th, and new shares will be issued through private placement. The board of directors also passed, and will invest in the establishment of Daliang Electronics Co., Ltd. in Suzhou, China, with an investment of US$20 million. It is expected to be put into production in the first half of 2011. The initial packaging capacity will be the first, but depending on local investment conditions, The MOCVD machine is set up in the mainland.

As the mainland government actively released the resource support and fund subsidy policy, in order to attract Taiwan LED manufacturers to set up factories in the mainland, in order to advance the card position in emerging markets, the LED chip factory with the Westward landing investment has recently been accelerated, including the crystal. Electric, Yuyuan, etc. have announced plans to build LED epitaxial plants in the mainland. Recently, Ronda also applied to reduce the investment scale of NT$30 billion originally invested in the Zhongke Houli Park. The plan to build four LED chip factories was suspended, and the whole case will be moved to Zhuke, using the existing 3.5-generation plant. Space, investment amount reduced to less than 10 billion yuan, the market believes that Ronda is planning to transfer to the base of AUO's base in the mainland to build a new LED factory.

Ronda and Kaiding have previously announced the merger of the two parties. The consolidated base date is March 15 and the new company's capital will be approximately NT$3 billion. Lunda plans to handle a total of approximately 25 million private equity shares. It is said that the shareholders participating in this private equity case are mainly members of the BenQ AUO Group or venture capital companies, and the total shareholding of the company is 7.75%. The board of directors of Jiashida has recently passed and will participate in the private equity of Ronda Private Equity. The total amount will not exceed NT$250 million, accounting for approximately 2% of the shares.

AUO Group vertically integrated internal LED resources in 2009, officially merged Kaiding and Ronda, and the unlisted Ronda was a surviving company. Lunda has obtained public offering rights in mid-November 2009. After the merger with Kaiding, based on the consideration of the original shareholders' equity of Kaiding, it is expected to return to the counter in the second half of 2010, and Ronda introduced 19 MOCVD machines at the end of 2009, and some machines have entered mass production. It is expected that the MOCVD machine will have more than doubled growth in 2010.

Ronda announced that it has landed on the mainland LED market. The choice of Suzhou is on the one hand close to the customer area. On the other hand, AUO Group has completed the supply chain of panels and backlights in Suzhou, mainland China. It will cooperate with the expansion of the machine of Zhuke Factory, and it will focus on LED packaging products. Since mainland local governments have recently released large incentives, manufacturers can purchase RMB 1 million for MOCVD machines. Therefore, Ronda is also expected to follow up with this wave of LED projectors. It is expected that the first half of 2011 will begin. Put into production.