Another LED packaging factory fell, its agents in dozens of countries around the world!

Taiwan media reported that the LED packaging factory Qiqi Optoelectronics has been closed due to poor management. It is understood that Qihao Optoelectronics was exposed to financial problems in December last year, requiring employees to take unpaid leave, and at the time claimed to renovate and maintain the company's equipment. Unexpectedly, only half a year later, the company ended up with the suspension of business suspension.

Dissolution affects shareholders, and revenue is likely to be shocked

Regarding the issue of Qi Shuguang's electrolytic dispersion, one of its shareholders, Chongyue Dentsu, also confirmed that Qiqi Optoelectronics has indeed ceased operations and will evaluate it to reduce the amount of losses.

It is reported that Chongyue Dentsu is an agent of electronic chemical materials and holds 5.82% of Qiqi Optoelectronics. Affected by its dissolution, Chongyue Dentsu's share price fell about 1% today, and it is expected that the second quarter revenue will be greatly affected.

It used to be very powerful, with agents in dozens of countries around the world.

According to public information, Qihao Optoelectronics was established in 2004 as a high-power COB packaging factory, focusing on the development and manufacture of high-power LED packaging technology and products.

The company's headquarters and production lines are located in Xinbei, with more than 40 patents. Its agents are located in dozens of countries around the world, with customers in India, Europe, the United States and China.

The first company to eat crabs, producing the first COB

Qihao Optoelectronics produced the first COB in 2004 and is the first company in Taiwan to “eat crabs”. It is reported that the mainland did not know what the COB light source was.

According to the market reaction, the COB (chip on board) LED manufactured by Qiqi is comparable in product technology and R&D competitiveness to international companies.

Qiqi products are mainly sold overseas, accounting for up to 80%. Due to strong market demand, Qi Hao also purchased a large-scale factory in 2013, which claims to be able to meet the space required for capacity expansion for at least 2-3 years.

In 2011, with several lighting products, Qi Hao successfully entered the US terminal market. Its OEM customers are mainly two major American brands. One of them Vizio is a well-known TV manufacturer in the United States. Zeng Chuan is interested in 2 billion. US dollar mergers and acquisitions.

Entering the mainland market and opening a subsidiary in Shenzhen

In recent years, Qi Wei has actively deployed the mainland market, and has several agents in South China. In 2012, Qi Hao Technology (Shenzhen) Co., Ltd. was established in Shenzhen Baoan to cope with the increasing demand for LED lighting orders.

In addition to South China, Qiqi also has layout plans in East China and Central China. However, not long after entering the mainland market, Qi Wei was brought to court by Shenzhen local LED packaging factory for patent infringement.

In December 2014, Liyang Optoelectronics sued Taiwan Qiqi Optoelectronics Co., Ltd. and Xinmao Technology (Shenzhen) Co., Ltd. for infringement of its ZL 2011 2 0340030.9 patent rights. It is worth mentioning that Qi Qi had previously been accused of violating the business secret law by Taiwan’s LED packaging factory.

The sudden emergence of COB, it is difficult to become a large device in the short term?

The COB package is one of the bare chip mounting technologies, and the bare chip is adhered to the interconnect substrate by using a conductive or non-conductive paste, and then wire bonding is performed to realize electrical connection. This technology eliminates the concept of brackets, electroless plating, no reflow soldering, and no patching process, so the process is reduced by nearly one-third, and the cost is also saved by one-third.

Qi Hao Optoelectronics successfully cut into the LED market through COB, Zeng Lizhi "will develop non-light source LED products in the future, not just a pure packaging manufacturer."

In recent years, under the strong promotion of small manufacturers such as Sony, Changchun Xida and Weichuang, the COB packaging technology that has sprung up in the past has become more and more accepted in small-pitch products, and even a wave of COB has been set up around the world. Especially for some domestic LED display companies that have no patching experience, the market is not big enough, and the qualifications are still shallow, COB has unique technology and cost advantages.

However, due to the late start of COB packaging technology and its long-term use in the high-end high-brightness light source and customized light source market, it is still far from the traditional SMD technology. In addition, the production method is different from that of a single device, and the pass rate of finished products is low. It is still in the stage of “single strength and thinness”, and it is difficult to become mainstream in the short term.

Even though many LED display companies have adopted COB packaging technology, surface-mount packages are still the most mainstream packaging method.

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