Liu Jianyun thinks, M & A itself is composed of two parts.The first part is the mergers value of LED company , the second part is the transaction value.Namely: good acquisition value plus reasonable transaction structure. The value of mergers is the acquisitions market and customers, the enterprise market and customer has significance for the acquirer.
Both the Formosa Epitaxy and Sanan ,or Huga and Epistar, or Lunda and power fierce, is not difficult to find, cooperation and integration between enterprises to occupy more market that is the important starting point of each enterprise for whatever reason.
Chairman of Formosa Epitaxy Optical Co., Ltd. Jane said in July this year, I hope to explore the mainland market for lighting system vendors can in-depth cooperation in mainland about future lighting market Next focus of Epitaxy .We choose to cooperat with Sanan finally, Canyuan pay more attention to broad market and government support for the LED industry mainland that Sanan had . As Jane Feng Ren said, Sanan Lighting have optoelectronic three large capacity, low cost price to the future cooperation between the two sides, the cost can be reduced.Also let Canyuan Lighting successfully entered the mainland market.Sanan Lighting can enter into the overseas market through the Cuiyuan photoelectric international channels to create a win-win.
Chairman of Ronda electronic Su Fengzheng said, Welly-power in LEDs package SMT ( surface mount ) process, Strip, lighting and other customers can bring new customers for the Ronda, the complementarity of the two sides is quite strong, can increase the Lunda customers in non AUO.
Lunda electronics as the only leds manufacturers with ” on the middle and lower reaches of the through-train mode ” production in Taiwan , has a rich experience in the industry integration. Su Fengzheng Said in procedure of acceptation the Chinese semiconductor lighting network interview in June this year, the key of vertical integration effect appeared is to have a broad end market , the export. Therefore, the most important one of vertical integration is to have downstream estuary.
Occuping the market share number is fundamental of enterprice existence.Merger integration can not only produce the scale effect, but also can integrate the market resources. With the help of others power easier into themselves are not familiar with the market, play a multiplier effect. The industry forward,in addition to the upward integration to improve the quality and efficiency of the production technology and reduce costs;The level of integration with the traditional lighting manufacturers both powerful pathway advantage , is also a critical business strategy.