[High-tech LED News] On September 15, Gaogong LED editorial department received an anonymous letter about the suspension of the GCL-Zhangjiagang project. According to the letter, the GCL-Zhangjiagang LED epitaxial chip project will stop construction and switch to solar photovoltaic projects.
Subsequently, Gaogong LED reporter interviewed a number of internal and senior executives of GCL Optoelectronics Technology Co., Ltd. on the above rumors, but the group did not receive any substantive response.
On September 18, Gaogong LED reporter received confirmation from Zhangjiagang Development and Reform Commission: The GCL-Zhangjiagang LED project has been officially suspended. At the same time, the internal core technical team has been dissolved. Subsequently, several LED extension companies around Zhangjiagang also confirmed to Gaogong LED that they had “digging†some technicians from GCL.
On September 23, Gaogong LED reporter interviewed the senior leaders of GCL Optoelectronics Technology Holdings Co., Ltd. exclusively. The other party said that the group is now mainly making structural adjustments to slow down the introduction of MOCVD equipment. However, for the complete abolition of the Zhangjiagang LED project, the person said that the group has no official statement.
The reporter then contacted the public relations department of the GCL Group, but as of press time, he did not receive any response.
Big investment coincides with industry investment fever
GCL Optoelectronics Technology Holdings Co., Ltd. is a member of GCL (Group) Holdings Co., Ltd., and is another major investment in the optoelectronics project of GCL Group following the silicon material project.
According to the previously announced plan, GCL will invest 10 billion yuan in 2011 for the construction of sapphire projects and epitaxial film projects, including Suining (320 units, 200 million US dollars) and Xuzhou (640 units, 200 million US dollars). Construction of 960 sapphire crystal growth furnaces, construction of 200 MOCVD epitaxial equipment in Zhangjiagang, Yancheng, Wuzhong and Wujiang. The largest production base for sapphire single crystal substrate will be built in China.
According to the reporter's understanding, the suspension of the Zhangjiagang LED project was only half a year after the construction started at the beginning of the year.
Tang Cheng, president of GCL (Group) Holdings Co., Ltd., said at the groundbreaking ceremony that the first phase of the project will have a total investment of 540 million US dollars and cover an area of ​​200 mu. It plans to introduce 160 sapphire substrate crystal growth furnaces and 100 MOCVD machines. Annual sales amounted to $1 billion.
On March 19, the GCL Xinguang LED project with a total investment of 2 billion US dollars was started in Yancheng Economic and Technological Development Zone. Prior to December 25, 2010, Suzhou GCL Optoelectronics Technology Holdings Co., Ltd. officially signed an LED epitaxial wafer and chip investment project with Yancheng Economic Development Zone. According to the plan, the Yancheng project will be an important base for the integration of LED epitaxial wafers and chip production, manufacturing and R&D. The total planned investment of the project is 2 billion US dollars, and the first phase investment is 650 million US dollars.
Subsequently, Gaogong LED reporter interviewed a number of internal and senior executives of GCL Optoelectronics Technology Co., Ltd. on the above rumors, but the group did not receive any substantive response.
On September 18, Gaogong LED reporter received confirmation from Zhangjiagang Development and Reform Commission: The GCL-Zhangjiagang LED project has been officially suspended. At the same time, the internal core technical team has been dissolved. Subsequently, several LED extension companies around Zhangjiagang also confirmed to Gaogong LED that they had “digging†some technicians from GCL.
On September 23, Gaogong LED reporter interviewed the senior leaders of GCL Optoelectronics Technology Holdings Co., Ltd. exclusively. The other party said that the group is now mainly making structural adjustments to slow down the introduction of MOCVD equipment. However, for the complete abolition of the Zhangjiagang LED project, the person said that the group has no official statement.
The reporter then contacted the public relations department of the GCL Group, but as of press time, he did not receive any response.
Big investment coincides with industry investment fever
GCL Optoelectronics Technology Holdings Co., Ltd. is a member of GCL (Group) Holdings Co., Ltd., and is another major investment in the optoelectronics project of GCL Group following the silicon material project.
According to the previously announced plan, GCL will invest 10 billion yuan in 2011 for the construction of sapphire projects and epitaxial film projects, including Suining (320 units, 200 million US dollars) and Xuzhou (640 units, 200 million US dollars). Construction of 960 sapphire crystal growth furnaces, construction of 200 MOCVD epitaxial equipment in Zhangjiagang, Yancheng, Wuzhong and Wujiang. The largest production base for sapphire single crystal substrate will be built in China.
According to the reporter's understanding, the suspension of the Zhangjiagang LED project was only half a year after the construction started at the beginning of the year.
GCL Optoelectronics Technology Holdings Co., Ltd. is a member of GCL (Group) Holdings Co., Ltd., and is another major investment in the optoelectronics project of GCL Group following the silicon material project. The company continues to make "energy saving, environmental protection, green energy" as its mission, and is committed to the development and manufacture of LED chips that are more environmentally friendly, energy-saving and green than traditional light sources.
The company is expected to invest 10 billion yuan in the construction of sapphire projects and epitaxial film projects in 2011. Among them, 960 sapphire crystal growth furnaces will be built in Suining (320 units, 200 million US dollars) and Xuzhou (640 units, 200 million US dollars). 200 MOCVD epitaxial equipment will be built in Zhangjiagang, Yancheng, Wuzhong and Wujiang. The largest production base for sapphire single crystal substrate will be built in China.
GCL Optoelectronics Technology Holdings Co., Ltd. is a member of GCL (Group) Holdings Co., Ltd., and is another major investment in the optoelectronics project of GCL Group following the silicon material project. The company continues to make "energy saving, environmental protection, green energy" as its mission, and is committed to the development and manufacture of LED chips that are more environmentally friendly, energy-saving and green than traditional light sources.
The company is expected to invest 10 billion yuan in the construction of sapphire projects and epitaxial film projects in 2011. Among them, 960 sapphire crystal growth furnaces will be built in Suining (320 units, 200 million US dollars) and Xuzhou (640 units, 200 million US dollars). 200 MOCVD epitaxial equipment will be built in Zhangjiagang, Yancheng, Wuzhong and Wujiang. The largest production base for sapphire single crystal substrate will be built in China.
GCL Optoelectronics Technology Holdings Co., Ltd. is a member of GCL (Group) Holdings Co., Ltd., and is another major investment in the optoelectronics project of GCL Group following the silicon material project. The company continues to make "energy saving, environmental protection, green energy" as its mission, and is committed to the development and manufacture of LED chips that are more environmentally friendly, energy-saving and green than traditional light sources.
The company is expected to invest 10 billion yuan in the construction of sapphire projects and epitaxial film projects in 2011. Among them, 960 sapphire crystal growth furnaces will be built in Suining (320 units, 200 million US dollars) and Xuzhou (640 units, 200 million US dollars). 200 MOCVD epitaxial equipment will be built in Zhangjiagang, Yancheng, Wuzhong and Wujiang. The largest production base for sapphire single crystal substrate will be built in China.
On March 1, 2011, the LED base project of GCL Optoelectronics Technology (Zhangjiagang) invested and constructed by Hong Kong GCL Optoelectronics Holdings Co., Ltd. broke ground in the Zhangjiagang Economic Development Zone. According to the previously disclosed information, the project plans a total investment of 2.5 billion US dollars. It plans to introduce 500 sets of epitaxial wafer epitaxy equipment MOCVD machine and chip supporting equipment, and plan to use 1000 mu of land. Tang Cheng, president of GCL (Group) Holdings Co., Ltd., said at the groundbreaking ceremony that the first phase of the project will have a total investment of 540 million US dollars and cover an area of ​​200 mu. It plans to introduce 160 sapphire substrate crystal growth furnaces and 100 MOCVD machines. Annual sales amounted to $1 billion.
On March 19, the GCL Xinguang LED project with a total investment of 2 billion US dollars was started in Yancheng Economic and Technological Development Zone. Prior to December 25, 2010, Suzhou GCL Optoelectronics Technology Holdings Co., Ltd. officially signed an LED epitaxial wafer and chip investment project with Yancheng Economic Development Zone. According to the plan, the Yancheng project will be an important base for the integration of LED epitaxial wafers and chip production, manufacturing and R&D. The total planned investment of the project is 2 billion US dollars, and the first phase investment is 650 million US dollars.
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