Zhaochi shares will increase the layout of LED chips

In recent years, the domestic LED production scale has grown rapidly, the market competition is fierce, and the industry monopoly has gradually formed. At the 2017 annual report exchange meeting held by Zhaochi Co., Ltd., Gu Wei, chairman of Zhaochi, said that the company will increase investment in research and development of LED chips, and form the entire industrial chain layout of chips, packaging and application lighting in the LED field. Monopolist. In recent years, the domestic LED production scale has grown rapidly, the market competition is fierce, and the industry monopoly has gradually formed. At the 2017 annual report exchange meeting held by Zhaochi Co., Ltd., Gu Wei, chairman of Zhaochi, said that the company will increase investment in research and development of LED chips, and form the entire industrial chain layout of chips, packaging and application lighting in the LED field. Monopolist. The recently released annual report shows that the company grew rapidly last year, with operating income exceeding 10 billion yuan, a year-on-year increase of 36%; net profit of more than 600 million yuan, an increase of 61%. Among them, LED products and devices achieved operating income of 1.534 billion yuan, accounting for 15.00% of operating income, an increase of 59.69% over the same period last year. Gu Wei said that in terms of production capacity in the future, the TV backlight production capacity will be doubled in 2018 and the packaging capacity will be tripled. Both will reach production in the third quarter of 2018; in 2019, the company plans to further expand its packaging capacity. (

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