AUO's LED factory will expand production four times this year: it will set up a factory in Suzhou

On the morning of April 21, according to Taiwan media reports, AUO's LED factory Ronda will expand production four times this year, and set up a production base in Suzhou to establish an upstream epitaxial, midstream wafer, downstream package to application products. Dragon" operating mode.

Ronda held a press conference yesterday. Vice Chairman of AUO, Chairman of the Board of Longda Chen Xuanbin, General Manager Su Fengzheng and Chief Financial Officer Zhang Boyi co-chaired the company's development strategy and LED industry prospects. Since this is the first press conference since the establishment of Ronda, the scene was full. Ronda listed in the Xing cabinet, yesterday's closing price of 70 yuan, up 0.27 yuan.

The LED factory of the panel Shuanghu has recently expressed its position. Ding Jinglong, the vice president of Xinqimei and the general manager of Kellett, made a slogan last week. "Kili is going to become the TSMC in the LED industry." Chen Xuanbin also stressed yesterday that "Ronda must do better than Jingdian and Yiguang."

For TSMC's foundry advantage, it is more advantageous than AUO to enter the LED industry. Su Feng said that LED has a strategic position in the panel factory. To develop the LED industry, there must be downstream estuaries to digest production capacity. It will be competitive; Ronda has AUO's downstream panel estuary, which not only can accurately grasp the specifications, but also further increase the gross profit margin through vertical integration.

Chen Xuanbin and Su Fengzheng, who went to the Frankfurt Lighting Fair last week, returned to China with the last flight of Asia before the closure of Frankfurt Airport. Chen Xuanbin said that no matter how the volcano erupted, "the LED industry prospects are quite promising." Ronda will use panel backlights, LED lighting, and OEM for the brand as the three major development axes.

AUO believes that in the next three to five years, the five major panel factories will have an output value of 6 trillion yuan (NTD, the same below), of which the LED backlight module market is about 600 billion yuan. This year, the penetration rate of LEDs in notebooks and LCD TVs can reach 93% and 25% respectively. Together with lighting, it will replace traditional lighting by 50% to 60% in the next decade. Therefore, it plans to expand production significantly.

At present, Ronda produces 30,000 pieces of epitaxial wafers per month in Taiwan. It is estimated to increase four times to 130,000 pieces at the end of this year, and there are 60 to 70 MOCVD machines. In order to be close to the backlight module factory, Ronda will also set up a factory in Suzhou, covering an area of ​​240,000 square meters. It is expected to start in the second quarter and mass production in the first quarter of next year. There will be 50 MOCVD machines at the time. A large demand for backlights and LED lighting.

Ronda announced the first quarter earnings report revenue of 1.31 billion yuan, a quarterly increase rate of 55.7%, gross profit margin increased by more than 12 percentage points to 20.9%, after-tax net profit of 153 million yuan, quarterly growth of more than 15 times, each quarter The stock has a net profit of 0.6 yuan.

Zhang Boyi said that the capacity utilization rate is full this season. Shipments of backlights and non-backlights are each 50%.