Sanan Optoelectronics: Samsung Electronics will purchase LED chips from subsidiaries and pay prepayments of US$ 16.83 million

    Global LED giant Sanan Optoelectronics released a notice on the prepayment agreement signed by a wholly-owned subsidiary and Samsung Electronics Samsung Electronics yesterday. Samsung Electronics will pay a prepayment of US$ 16.83 million to Sanan Optoelectronics Xiamen Sanan for purchase. Display the LED chip of the product ("display").

    The announcement pointed out that if Samsung Electronics' monthly order volume exceeds the maximum amount agreed in the agreement, the two parties will discuss the conditions for expansion in advance.

    Xiamen Sanan and Samsung Electronics will continue to discuss the strategic cooperation of MicroLED. When Xiamen Sanan reaches mass production capacity, Samsung Electronics will consider Xiamen Sanan as the primary supplier and negotiate a supply agreement acceptable to both parties.

    LED light source is an energy-saving and environment-friendly light source that is widely promoted globally. Although the penetration rate is increasing year by year, the application space is still large, and the new application brought about by continuous technological advancement is expanding and the prospect is very broad.

    The cooperation between Xiamen Sanan and Samsung Electronics, a wholly-owned subsidiary, is another embodiment of Sanan Optoelectronics' transformation of technology into practical applications. It is in line with Sanan Optoelectronics' development strategy and further opens up the international market space, which is conducive to continue to enhance market share. The rate has laid the foundation for the company's development goals.

    International influence LED epitaxy and chip maker

    Sanan Optoelectronics Co., Ltd. is a full-color ultra-high brightness LED epitaxial and chip manufacturer with international influence. It is mainly engaged in research and development of full-color ultra-high brightness LED epitaxial wafers, chips, compound solar cells and III-V compound semiconductors. , production and sales, product performance indicators are at the international advanced level.

    At present, it has 10,000 to 100 modern clean workshops, and tens of thousands of sets of internationally advanced epitaxial growth and chip manufacturing equipment. With strong enterprise strength, it has achieved an annual output of 24 million epitaxial wafers and 300 billion chips. The scale of production of pellets accounts for more than 58% of the total domestic production capacity.

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