Hua Can Optoelectronics announced on the evening of April 9 that recently it signed a strategic cooperation agreement with its main customer, Mu Lin Sen Co., Ltd. (hereinafter referred to as "Mu Lin Sen"). The brief contents of the agreement include: Mu Lin Sen will give priority to buying the company's products under the same conditions, In the next 3 years from the company's procurement of LED chip products worth the amount of not less than 1.5 billion yuan. The company will give priority to protect the supply of wood forest under the same conditions.
Mulinsen is a leading optoelectronic high-tech enterprise integrating LED package and LED application products in China. With efficient and accurate production, research and development and testing equipment, combined with advanced production management technology, has become the world's largest LED manufacturers.
Notice pointed out that the implementation of the strategic cooperation agreement on the company's impact has three main aspects:
First, Mulinsen is the leading supplier of LED package and application products in China. Huacan Photovoltaic is the leading supplier of LED chips in China. The cooperation between both parties will steadily expand the sales volume of Mulinsen and further promote the production expansion of Huacan PV chip, Have a positive effect.
Second, Molinsen has always attached great importance to product development and technological innovation. It has achieved a series of technological achievements in the field of LED packaging and application, and has the ability to produce high-quality small-pitch LED display package products. Huacan small-screen optical display chip has been fully mass production, its high reliability and high degree of consistency has been the client's approval. The strategic cooperation between the two parties will accelerate the innovation and development of LED chip packaging technology in the display area and will have a positive effect on the application market of the small LED distance products in the downstream.
Third, the current LED industry vertical and horizontal integration has shown to strengthen cooperation to enhance their own competitiveness of the trend, in order to further extend the industrial chain, the formation of synergies and enhance competitiveness, more LED manufacturers have to extend the upstream and downstream industry chain, or through Upstream and downstream mergers and acquisitions and other ways to enhance their competitive strength. Huacan Optoelectronics and Mulinsen cooperation will lead the company LED chip technology in the industry continue to mature in the process of competition in the field of high-end chip technology breakthroughs.