Yan Lijie's $20 million acquisition of NXP's LED business

    Power Control Wafer Factory Yan Lijie announced yesterday that it will acquire the LED lighting business unit of NXP. This is another consolidation of the power lighting business after F-矽 force decided to acquire Maxim's smart meter and energy monitoring business at the end of last year. The two acquisitions are expected to be US$125 million.

    矽力杰 products are mainly based on power control chips. Terminal applications include LED lighting, consumer electronics and network communication products. After seven years of establishment, they have successively obtained customers such as Philips, Osram and Samsung.

    Chen Wei, chairman of Lilijie, said that LED lighting is widely used. Currently, the US and Japan markets are large, and they are optimistic about the growth potential of emerging markets. The acquisition of NXP’s LED lighting product line will help improve R&D efficiency and accelerate entry into Europe and the US. Lighting market.

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