LCD TV is the next hot spot to accelerate the LED industry chain layout

November 11 news, LED-backlit LCD TV is considered to be the next hot spot in the development of LCD TV, Tongfang accelerated the layout of the LED industry chain.
Tongfang shares announced tonight that in order to further increase the company's investment in the LED industry, strengthen the company's competitiveness in LCD liquid crystal backlight LED modules, and build a more competitive core LED industry chain, the company will follow Tongfang Optoelectronics (Hong Kong) Co., Ltd. registered capital of 20 million US dollars accounted for 45% of the total direct investment of 9 million US dollars, including the acquisition of Shenzhen Tongfang Multimedia Technology Co., Ltd. has invested 450,000 US dollars and subscribe for future instalment capital increase. After the completion of this investment, Tongfang Optoelectronics (Hong Kong) Co., Ltd. has a registered capital of 20 million US dollars, and the company holds 45% of its equity.
Tongfang also passed a guarantee for the subsidiary company Tsinghua Tongfang (overseas) venture capital company with a total amount of not more than 30 million US dollars. According to the announcement, Tsinghua Tongfang (Overseas) Venture Capital Investment Co., Ltd. invested in Tinggi, which is engaged in the research and development of high-power LED chips, and Tongfang International, which is engaged in the import and export of consumer electronics products.
Li Ying, an analyst at Aowei Consulting Color TV, said that Tongfang’s capital increase in Hong Kong and financial guarantees for overseas subsidiaries could bring technical and capital support to the development of Tongfang’s LED industry.
Recently, Tongfang announced that it will build the largest LED industry base in China. The initial investment of the project is nearly 1 billion yuan, and the annual output value will reach 10 billion yuan. The location will be settled in the mature southern region of the flat-panel TV industry. However, Wang Lianghai, general manager of Tsinghua Tongfang Digital TV, did not disclose the specific location of the industrial base, the current round and the follow-up investment schedule.
Tongfang is one of the earliest domestic color TV manufacturers to enter the LED industry. At present, apart from the main panel provided by Taiwan Chi Mei, Tongfang has formed a complete industrial chain structure from LED chip manufacturing, semiconductor lighting source, LED backlight module to TV whole machine. At present, the layout of Tongfang LED TV business has invested about 300 million yuan, mainly located in Shenyang Industrial Park, Tsinghua Tongfang. The investment of 1 billion yuan in the South China Industrial Base will accelerate the scale and industrialization of the LED industry chain.
LED has become the next hot spot in the development of LCD TVs, and will become the mainstream product of LCD TVs in the future. Samsung, Sharp, Hisense, Konka and other TV manufacturers have launched at least 50 new LED backlight TVs in the second half of this year. However, because its price is still 50% higher than the same size LCD TV, the current market share is only 5%. According to a report released last week by the Consumer Electronics Research Office of the China Electronics Chamber of Commerce, LED backlight TV is currently the fastest growing TV product. The sales volume in the domestic market will reach 4 million units next year, nearly four times more than this year, and the market share is close to 30. %.

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