News of the week: See what the giants are doing

On April 7, Dongshan Precision announced that its wholly-owned subsidiary Hong Kong Dongshan Precision United Light has decided to increase its investment in Dongshan Precision (USA) Co., Ltd. by US$1.5 million for early investment in product research and development, design, etc. Dongshan Precision uses the platform of its American subsidiary to actively develop related customers in well-known North American communications, automotive and other industries, and has made certain progress in R&D, design and other fields.

Alto Electronics’ LED export contract in the first quarter was US$19.4 million

On April 6, Alto Electronics stated in its latest "Investor Relations Activity Record" that in the first quarter of 2016, the company's export contract orders for LED display products had reached US$19.4 million, exceeding the total export contract orders for LED display products in 2015. Most of them were LED high-density products, and the growth momentum is currently good.

IndustryWarmth in the cold winter︱Nationstar announced a commitment not to raise prices

Recently, the display packaging industry has witnessed a wave of price increases. As a leading domestic display packaging company, the price of Nationstar's display devices has attracted attention from all walks of life, and many customers have called to inquire about the situation. To this end, Nationstar has issued a solemn promise: the entire range of Nationstar display device products will not increase in price!

What a trench! Sanan Optoelectronics plans to acquire GCS for US$230 million

On April 1, Sanan Optoelectronics announced that its wholly-owned subsidiary Sanan Integration Company acquired 100% of GCS shares for US$226 million, and the two parties signed the "Merger Agreement and Plan." Sanan Optoelectronics stated that this investment and merger with GCS is in line with the company's development plan and layout, and will help accelerate the development process of the company's integrated circuit business, expand business scope and scale, increase the company's profitability, and enhance the company's core competitiveness.

Huacan Optoelectronics plans to invest in Beixing Photon

On April 8, Huacan Optoelectronics announced that in order to expand the company's development space in various application directions of third-generation semiconductors and expand new application areas of the company's products, the company plans to increase its investment in Beiwake (Beijing) Photonics Technology Co., Ltd. by no more than 3 million yuan, which will be included in its capital reserve of 2.9949 million yuan and its new registered capital of 5135.49 yuan, accounting for 3.75% of its total registered capital after the capital increase.

Barco and CEC Panda establish a joint venture to meet China's control room market needs

Recently, Barco and CEC Panda announced the establishment of a joint venture - Nanjing CEC Barco Information Technology Co., Ltd. This joint venture will better meet the needs of China's control room market. This cooperation achieves mutual benefit and win-win results for both parties. CEC Panda will benefit from Barco's leading brand and mature product portfolio. The joint venture will also provide Barco with market channels that are closer to local customers. CEC Barco's headquarters is located in Nanjing, its operations center is located in Shenzhen, and its sales center is located in Beijing (Barco China Headquarters).