The joys and sorrows of big names in the LED industry in 2014

If you love someone, please bring him to do LED, because this is heaven; if you hate someone, please bring him to do LED, because this is hell. The mixed joys and sorrows of the LED industry can be said to be most profound in 2014. 2014 has passed. Some people are proud of it, while others are depressed. Some are in heaven, others are in hell...

Proud ones: Isamu Akasaki, Hiroshi Amano, Shuji Nakamura

What is the most representative event (no one) in the industry in 2014? I believe many people will choose blue LED to win the Nobel Prize in Physics.

On October 8, 2014, three Japanese scientists, Isamu Akasaki, Hiroshi Amano, and Shuji Nakamura, jointly won the Nobel Prize in Physics for their development of blue-light LEDs. It can be said that the world celebrated.

Nakamura Shuji disclosed the secret of winning the award. He never expected that he was "very angry". Because when Shuji Nakamura was sent to Nichia to manufacture LEDs, he was criticized as a "freeloader" because of poor product sales. The last time he saw him, he would even say: "Why haven't you resigned yet?" Nakamura Shuji used to tremble with anger because of this. "Anger is all my motivation. If I don't hold back my anger, I won't succeed."

After all the hardships come happiness: Ding Yanhui

After more than ten years of struggle, the company founded by Ding Yanhui finally landed on the capital market!

July 24, 2014, is a special day for Absen. On this day, Absen Optoelectronics publicly issued 15.47 million new shares online and offline, with a public offering price of 18.43 yuan per share.

This also means that the young man who had been a reporter, a securities broker, a salesperson, and worked in the LED industry for seventeen years...the young man who went south to Shenzhen with 500 yuan in his pocket finally became the chairman of a listed company. The mixed flavors may be contained in Ding Dong's sentence, "I have the ups and downs, but I never thought of evacuating."

After going public, Absen finally stood in the capital market with its competitors. Of course, the impressive performance did not disappoint investors. Absen estimates that the net profit attributable to shareholders of listed companies in 2014 will be 151 million yuan to 162 million yuan, a year-on-year increase of 32% to 42%. At the 2015 annual meeting, Director Ding also set a sales target for 2015: 2 billion yuan.

Be calm when you are proud and calm when you are frustrated. Those who are lining up for IPO should do it and take it seriously!

The King of Mergers and Acquisitions: Li Bingjie

It can be said that the growth history of Epistar is a history of mergers and acquisitions. At the end of June 2014, Epistar’s mergers and acquisitions continued, and Taiwanese manufacturer Canyuan was included in Epistar’s territory.

In the history of LED mergers and acquisitions in Taiwan, several of Epistar's mergers and acquisitions can be described as thrilling. Six LED manufacturers (Guolian, Yuanshen, Lianyong, Canton Gallium, Canyuan, and TSMC Solid State Lighting) were included in the company. Li Bingjie, who is gentle and humble, is really good at playing the magic of mergers and acquisitions.

The Lost Man: Wu Changjiang

He devoted himself wholeheartedly to establishing the national brand "NVC Lighting", but in the end he had to give up the children he had raised. Even the dealer brothers who had once devoted themselves to him could not save him. He was also accused of illegally pledging guarantees and was arrested on suspicion of misappropriation of funds. From being famous to being imprisoned, it can be described as a huge ups and downs. It is not an exaggeration to call him a "lost man".

One cannot fall at the same place twice, but Wu Changjiang regretfully relived almost the same tragedy in 2014, but this time the trauma was deeper.

"Leader": Phoenix Legend, Juliang Optoelectronics

It’s really important to choose a name. Phoenix Legend, which once boasted itself as "the leader and mainstream brand in LED applications", finally became the "leader" in the running army in 2014. It's really dumbfounding.

It spent huge sums of money to hire Phoenix Legend to endorse and promote the brand, but neglected the most important product "quality" and ended up running away. However, it is not only the boss Xiao Jin who is suffering, but also a large number of suppliers and dealers who are in arrears.

Fengguang Legend is no longer "legendary", and Juliang Optoelectronics is no longer "juliang". Behind the sudden collapse, every step is startling. Who knows what kind of butterfly effect this "collapse" will cause, which will hurt the suppliers who are in arrears...

Today is cruel, tomorrow will be even crueler, and the day after tomorrow will be beautiful. But most people die tomorrow night and cannot see the sun the day after tomorrow. If you want to live until the "day after tomorrow", be prepared.

Big bankrupt: GTAT

Jobs’ “Apple” is not that delicious. Ever since the real iPhone 6 came out (without using sapphire as the screen), GTAT's fate seemed to be doomed.

It took GTAT less than a month from filing for bankruptcy protection on October 6, 2014 to the final settlement of the dispute with Apple. And how much time and effort did it take to build such a large factory?

It is worth mentioning that according to foreign media reports, Apple will spend US$2 billion to transform the sapphire factory that was previously abandoned due to the bankruptcy of GTAT into a data center. From sapphire equipment factory to sapphire manufacturer to so-called "data center", probably only GTAT himself knows the taste.