Nantong Tongfang: hard training and internal strength

[Source: "High-tech LED" magazine March issue (total issue 63) | Journal reporter Yue Mengdi] Nantong Tongfang Semiconductor Co., Ltd. (hereinafter referred to as "Nantong Tongfang") is the economic development of Tongfang (600100.SH) in Nantong Large-scale enterprises invested in the construction of the district. As an important part of Tongfang's LED industry, Nantong Tongfang mainly produces LED epitaxial wafers and chips, which are mainly used in various LED backlight modules and lighting fixtures.

According to the statistics of the High-tech Research Institute LED Research Institute (GGII), the scale of China's LED chip industry reached 12 billion yuan in 2014, a sharp increase of 43% compared with 2013; and the total MOCVD and total capacity utilization rate is also higher. At the step, the total operating rate has increased from 70% in 2013 to 80%, and the total capacity utilization rate has increased from 52% in 2013 to 60%.


Nantong base location


Overall, the chip market in 2014 was hot. However, Zhan Runzi, the general manager of Nantong Tongfang, told the reporter of "High-tech LED" that although the situation in the first half of the year was not bad, the decline in the second half of the year was very serious. "Especially some low-end products, 0.2w of low-end products, the price drop is very serious." In Zhan Runzi's view, not only the chip factory, the packaging manufacturers' revenue is not ideal.

From the perspective of the industry chain, the final ownership of the chip end and the package end are in the terminal application market. The demand for the terminal is not strong enough, which directly causes the chip market to be cold in the second half of 2014, while the disorder of the terminal market is the continuous decline of the chip price. The fuse.

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