H1 panel prices stabilised Capital markets, gaining momentum
Time: 2017-02-15 Reads: 296 Edit: Admin
  And the focus of attention as a capital market, display and touch area and the most intensive industry capital enterprises, at the beginning of New Year, some listed companies are also started to layout, and the part of some of the listed companies were suspended last year can cause industry change in this year also we need to wait and see.
  H1 panel prices stabilised Capital markets, gaining momentum
  Touch display industry big deal: 20160 billions value on mergers and acquisitions, touch display industry is still the capital in the eyes of nation
  1, jingwei electric material 1.24 billion m&a xinhui, more than 20 years to touch display module factory then
  On December 6, warp/weft electric material (300120) to throw the material assets reorganization plan, the company proposed merger with 1.24 billion yuan price the xinhui open 100% stake, layout of the display area.
  The xinhui technology (shenzhen) co., LTD., was founded in October 8, 1993, is a service for many of the world top 500 enterprises of touch senior enterprise. Early for Singapore hui group processing plant, in May 1995, become a sole proprietorship enterprise, in April 2000 by the United States international display technology group (IDW) acquisition become its subordinate enterprises, in March 2005, forming a color LCD manufacturing north branch factory. Bought by flextronics group in December 2006. In December 2012 trust weiye (Hong Kong) investment co., LTD. (NVD) acquisition.
  Company is specializing in research, development and production of small liquid crystal displays, LCD display module, touch screen module of state-level high-tech enterprises, has more than 30 years in the industry technology development and related management experience, has the first-class small LCD automatic production line and COB, TAB, SMT, PCBA, COG, TFT, touch screen, such as liquid crystal display module assembly line, technical force is abundant. Company registered capital of $21.2 million, $41.4 million, with more than 20000 square meters self-built factory building and more than ten thousand square meters workshop, 2000 employees.
  Jingwei electric material is mainly engaged in electromagnetic wire, the reactor product design, development, production and sales. After completion of the reorganization, the listed company‘s main business will be run by a single high-end electromagnetic wire and power equipment manufacturing into high-end electromagnetic wire and power equipment manufacturing and touch display product manufacturing two-wheel driven the development of the situation, form a diversified business model. Through the industry development, the listed company will be in single risk at the same time, effectively reduce the industry through the acquisition of profit ability strong touch display business plate to form a new profit growth point.
  2, 1.06 billion fly kay materials acquisition and display, enter the display materials
  On November 25, fly kay material (300398), according to the announcement on $1.064 billion acquisition and display, layout of liquid crystal display materials.
  Liquid crystal materials is the key to the liquid crystal display optoelectronic materials, widely used in all kinds of terminal display products, including television, computers, mobile phones, electronic notepad, calculator, automotive instrumentation, telephone etc. The global high-end LCD materials suppliers are mainly composed of three major international manufacturers, TFT LCD materials, for example, MERCK Germany and Japan CHISSO, DIC occupied the global market share of around 96%. At present domestic home shengwalunding paying court to yong hua zhuang, Beijing eight hundred million LCD and display three domestic manufacturers. And to show the main customers for the boe, cec, huaxing photovoltaic panel makers, etc.
  Boe in the coming three years there are two lines to 8.5 generation and a 10.5 generation were completed and put into operation, huaxing photoelectric have 1 article 11 generation line will be completed and put into operation in shenzhen, CLP group company also have two panda belong to 8.5 generation line put into operation in succession. Existing production and future production of domestic production and consumption of TFT LCD panel line, to 2019, TFT domestic demand will reach 450 tons. The GuoChanLv TFT LCD materials is less than 15%, localization of alternative space is huge in the future. And a display panel for domestic mainstream suppliers, with future products permeability ascend, is expected to achieve high growth performance.
  Comprehensive and fly kay material platform layout are in the works, in addition to the acquisition and display, AnQingFei kay about 110 million yuan investment with self-owned capital to build 110 million t/a synthesis of new materials project, layout PCB electronic level upstream phenolic resin and pharmaceutical intermediates halogenated hydrocarbon; With its own funds to APEX owns a 100% stake in the big red technology acquisition, into the semiconductor packaging with tin ball industry, with the company‘s original cleaning fluid, stripping liquid form synergy, semiconductor electronic chemicals such as IC layout material more perfect.
  3, blue technology 1.22 billion yuan to buy league wins, and real estate to equipment
  On December 12, blue science and technology (300433) announcement, the company with 1.22 billion yuan the transferee league wins all equity, for his land, plant, and equipment.
  League wins the original belongs to Taiwan‘s second-largest touch panel manufacturer wintek‘s subsidiary, mainly engaged in TFT - LCD flat-panel display, display materials, touch system (touch screen, touch components, etc.) in the research, development, was apple‘s important suppliers.
  Due to the parent company wintek performance deterioration, is better than all operations in December 2014, all employees were laid off, and on August 13, 2015, dongguan city intermediate people‘s court ruled that the bankruptcy reorganization. In fact, al - stop production for almost two years of time.
  Blue technology official, he says, is "the property is the bankruptcy reorganization of the company, mainly in order to acquire its assets, the company also has several years before, the basic facilities are very mature and perfect, buy to come over there must be a follow-up after consolidation. In fact, the blue technology firms that do not just have the production equipment research and development and the ability to reinvent, although these two years of production, but through subsequent debugging, can recover."
  Blue technology as apple window glass suppliers, since listing, efforts to change the present situation of the customer orders a single, reduce operating risk at the same time, the overall layout of the mobile phone related supply chain, to the carrier grade enterprise evolution.
  4, the light 1.58 billion yuan to buy SONY company in southern China, continuous layout smart car
  On November 7, the thin light (002456) announced that the company intends to 1.58 billion yuan to buy SONY electronics co., LTD. 100% stake in south China.
  By SONY SONY electronics south China co., LTD. Is established in guangzhou in 2004, wholly foreign-owned enterprises, the company main business for the production and sales of miniature cameras and related components, has the industry‘s top camera module development and packaging technology. In 2015, SONY electronics south China company operating income of 6.828 billion yuan, net profit of 109 million yuan.
  Castle light said, through the acquisition, the company will receive the accumulation of its advanced technology and operation management mode, quickly improve the level of the company camera module production and manufacturing technology, at the same time, through the integration of digestion, absorption, SONY sound internal quality and operation management system, help to increase the company‘s management level to the international first-class level, continue to strengthen the company core competitiveness in the field of the camera.
  From the Philippines in recent years, many times to buy buy buy, light the light on to the control panel and on-board camera, focus on four major product lines: layout of intelligent driving products, intelligent control, the upgrading of traditional Internet + hardware, automotive electronics, combined with the thin light touch technology, image technology and biological recognition technology, ultimately form a set of intelligent, security, user experience in the integration of a set of cost-effective automotive intelligent system solutions, to become the core of the smart car industry suppliers and competitive international first-class brand.
  5, combined $100 million acquisition of zhuhai morning new top positioning mobile home accessories suppliers
  Last year on $3.5 billion of pubic international photoelectric, horizontal wave of big success wholly owned electronic and byd part, in June this year, the resultant force tai (002217) to 100 million yuan price bought a 100% stake in zhuhai morning new layout high-end LCD market. At this point, resultant force in the mobile business to further extend the industrial chain, LCD module, touch screen, fingerprint module and camera module core parts such as further improve the production line.
  The resultant force in revenue in 2015, 5 billion yuan, and in the first half of this year‘s revenue have already reached the level for all of last year, this year is expected to be 2.5 times higher than last year. In addition to the LCD module, touch screen, fingerprint module and core parts such as camera module together has also provide matching of FPC, plate glass, backlight, etc., aims to be top mobile home accessories suppliers.
  Resultant force tai said, the company‘s strategy to have identified a few years ago, with the method of bundling, and customer contact is more and more closely. "One from the market, the fingerprint module will have greater ascension step, especially next year, the demand of the market will be a step up, and this is not a can do. Resultant force tai will still insist on bundling strategy, are more closely tied up with our major customers."
  TP module, camera module, and the fingerprint module, business scope and expanding route because of the similarity, the resultant force tai often be compared with the thin light, a few years down, also gradually clear the path of the difference, the light around the great intelligence and data on the layout, and the resultant force is specializing in mobile phone consumer electronics field.
  6, crystal door technology $23 million acquisition of the microchip technology, touch chip industry gradually focus to China
  On November 1, crystal door Technology SOLOMON SYSTECH (02878 HK) announced, will be in cash $23 million acquisition of the Microchip Technology Microchip Technology Incorporated (nasdaq: PCLN - news) (hereinafter referred to as the "core Technology") of the maX Touch related assets and Technology.
  Microchip technology, founded in 1989, listed companies in the United States, is the world‘s leading integrated single-chip, mixed signal simulator, and flash patent solutions semiconductor supplier. The stripping for sale maX Touch Touch technology from January 20, 2016, $3.56 billion deal to buy love MEL (Atmel), these techniques are extensively used samsung and millet mobile phone.
  Since 2014, the Chinese market of several foreign touch chip manufacturers, became obvious under pressure from local Chinese chip manufacturer. Atmel metal grid technology promotion blocked, gradually fade out the small and medium size capacitance screen market, to change the focus of our business to the automotive electronics and gestures to control deviation, and in January this year to other business and touch the business sold packaged together to quickly enter the micro core technology in the field of Internet of things, and now is rid of the microchip, and sold to the original MOTOROLA out of crystal door technology.
  Crystal door of science and technology, said the seller‘s maX Touch technology and semiconductor products in Touch highly renowned market, widely used in mobile phones and tablets. MaX Touch technology is more in flexible type OLED touchscreen controller market said. Advanced mobile touch technology, especially integrated touch and display (" TDDI ") and flexible OLED display, expect strong growth potential. But mobile touch is one of the key business to huada semiconductor group.
  7, Japan letterpress nt $2.525 billion take giantplus, small and medium-sized panel production
  On November 24, chunghwa picture tubes (000536) announced that it will sell out in about 54% of the giantplus holdings, Japanese Ortus full eat, estimated transaction value of about $2.535 billion nt, due at the end of march. Giantplus higher-order panel is expected to get Japan technical support, Ortus is a giantplus four generation of factory production capacity, to further expand the market position of the automotive, industrial control panel.
  ORTUS held by high volume production of sophisticated technology and giantplus technology together, and will continue to expand the vehicle-mounted LCD market oriented, strengthen industrial machine to the business of small and medium-sized LCD panel. Therefore, ORTUS target by 2020, the small and medium-sized LCD business reached 60 billion yen in sales.
  Chunghwa picture tubes at the end of last year began to strategic withdrawal from low consumer electronics market, once shut down its function machine panel line, the residual capacity is concentrated in industrial control, automotive, flat, and professional commercial display area, the main operating energy is transferred to the listing in mainland China for the shell of CPT technology line 6 generations. LCD panel prices quickly recover the function of the machine on the market, and to continue soaring prices in the second quarter, giantplus in this wave of price fixing a killing.
  Low generation line shut down continuously in the whole world, a - Si capacity under the condition of shrinking, although function machine panel prices have turned over several times during the year, but if industrial control, such as car market growth, does not exclude the relevant panel enterprises continue to consumer electronics a - Si capacity and transformation for the automotive, industrial capacity, higher value the giantplus with Ortus cooperation, is very obvious example.
  8, leah DE wholly-owned acquisitions of NP, positioning "VR/AR business applications brought gen"
  On November 4, leah DE (300296) announced that plans through subsidiary flat company for $125 million ($844 million) buying American NATURALPOINT (hereinafter referred to as the "NP") for a 100% stake. NP will become a wholly owned subsidiary of ping da. At the same time, the flat company for $3 million (RMB 20.27 million) to buy the underlying company management place, is located in the city of corvallis Oregon benton county real estate.
  Founded in 96, NP company owns the world‘s leading 3 d optical motion capture techniques, NP development optitrack series optical positioning products of the company is a leader in the field of VR/AR. Including The world‘s first VR theme park The VOID and domestic famous enterprises, also make The motion capture using optitrack series products. In addition, the NP company‘s products are also used in industrial optical tracking location and CG animation, etc.
  Since this year, leah, there are many investment layout in the field of VR. Leah DE PV ML LLC company established in Hong Kong to spend $2 million m, the company from Legend Pictures a price of $5 million for their Magic Leap 217100 shares of preferred stock. Leah‘s group also invests 15 million yuan, in the form of 20% of the shares and Qingdao black and crystal crystal technology jointly set up Beijing science and technology, work together to explore the VR education, offline experience store, etc.
  Market by VR/AR is the development trend of the future, leah DE positioning VR/AR commercial application in the field of led, NP is the very good company in the field, has unique and profound technical advantage, and NP is the field a few confirmed the revenue and profit of the company, and the children of leah, DE is fit in the layout of the VR/AR, namely the implementation results fall to the ground and income generation, not just the pursuit of pure technology development.
  9 $70 million acquisition of graphene, east lumena electricity company, that graphene industry fall to the ground
  On March 8, east lumena electric (000413) announcement, proposed acquisition of Shanghai in the form of share purchase and increase endowment spread carbon source valley new material technology co., LTD. 50.5% stake, become the controlling shareholder of Shanghai carbon source valley.
  Shanghai carbon source valley is a focus on graphene preparation and application technology development of large-scale enterprises, in the preparation of single layer graphene and graphene oxide, separation and purification technology and process are made breakthrough progress, including line production of graphene products has achieved more than 99% of the single rate, the purity of 99.9%. Carbon source and Shanghai hui valley has become the only one which can realize high quality domestic monolayer graphene preparation (output of t) of enterprise scale, single layer graphene annual output has reached 3 tons, this makes the preparation of graphene products cost greatly reduced.
  Shanghai carbon source valley in graphene industrialization applications has been one of the leading enterprises in the industry, the acquisition marks the east lumena electricity has put his fingers in the industrialization of application on the layer of "enough".
  "East lumena valley electricity chose carbon source, one is because the company has been in low cost and high quality graphene preparation level breakthrough, laid the foundation for the industrialization application; 2 it is to see the company put in graphene based lithium battery quick charging made breakthrough progress and future lithium-ion batteries in the consumer electronics, power battery and energy storage has huge market prospect; 3 it is to take a fancy to company‘s core team micro-nano science and technology research institute, Shanghai jiaotong university professor shouwu guo group powerful r&d strength and Shanghai jiaotong university in dominant position in the field of global graphene research." East lumena electricity investment, said an official with the acquisition of carbon source valley will bring something new to east lumena electric graphene business and form a new business growth point.
  10, long letter technology acquisition bick, layout after the car market
  On February 16, long letter (300088), according to the announcement of science and technology plan the bick power battery capital 800 million yuan, bick power 10% stake. At the same time, according to a company announcement, February 29 resumption of six months after launch m&a all bak battery co.
  Bak power deep batteries more than 10 years and whether consumer batteries, power battery, competitive advantage is obvious. Power battery in terms of its core products 18650 ternary material lithium batteries, the valspar domestic first, quality is the leading manufacturer in the industry. Strategic cooperation agreement between the new energy auto makers including China, yutong, faw, BMW, dongfeng, chery, brilliance, Volkswagen, the Great Wall and geely, etc. From the point of cooperation intention to order 2016, the current capacity far cannot satisfy the market demand. Bick power shenzhen bak battery co., LTD., promises, former partner mark company from 2016 to 2018 annual net profit of no less than 400 million yuan, 700 million yuan respectively, 12 yuan. The specific performance compensation scheme and agreed.
  Long science and technology as the main supplier of tesla‘s control panel, harmonious cooperation, the company in the field of lithium batteries ternary material layout, will also help to lithium battery business into the tesla‘s supply chain.
  Long science and technology as the tesla ModelS late ModelS provide dashboard, for pure electric SUV ModelX ModelS provide a dashboard and part of the control panel, considering the huge Chinese market space, tesla‘s localization is also accelerating, and long science and technology as the main supplier of tesla‘s control panel, once tesla to achieve localization, long letter touch screen technology for car will also usher in a huge market space.