LED Taiwan factory Ding Yuan (2426) plans to handle a private equity of 100 million shares in the second half of 2010, raising funds of about NT$ 2 billion to RMB 3 billion to expand the production capacity of blue LEDs and purchase MOCVD equipment.
Fu Peiwen, chairman of Dingyuan, pointed out that LED downstream packaging plants and even panel factory customers may be private equity targets.
Dingyuan completed the vertical integration of LED epitaxy. At present, it has ordered 7 MOCVD equipments for the newly established LED epitaxial wafer Dingcheng Photovoltaic. It is expected to start installation at the end of August 2010 and will be put into operation in Q4 2010.
Related stock price 2010/07/02 - 11:21 Ding Yuan TWD 22.15 (+1.84%)
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