What 2015 lighting companies get rid of?

At first, it was a sweet citron, but later it became a tasteless tasteless, even an annoying drag oil bottle - this is a real experience of many large company business.

The trend of the times is surging, and the competition in the business community is so fierce. Cutting down or selling the hard-working business of the team actually requires quick determination and the bravery of the brave warriors.

Let's take a look. In 2015, the big companies have lost their business?

OSRAM reluctantly cuts two major businesses CLB and LLS

Multinational LED giant Osram prepares to carry out the heaviest "slimming" plan in China, splitting its two major businesses CLB (traditional lighting and ballast) and LLS (LED lights and systems). According to media news, the two major businesses estimate that It is approximately 720 million euros (equivalent to approximately RMB 4.92 billion).

The results disclosed by OSRAM show that in fiscal year 2015 (October 2014 to September 2015), the company achieved revenue of 5.574 billion euros, an increase of 8.4% year-on-year; net profit of 171 million euros, a year-on-year decrease of 11.2%.

OSRAM, as a traditional lighting giant, has a great advantage in producing traditional products such as incandescent bulbs and energy-saving lamps. With the innovation of LED technology and the rush of capital, thousands of Chinese manufacturers have begun to produce LED bulbs. Without burden, with the lower cost advantage and low-cost strategy, the original landscape of foreign companies fell into the production value.

In fact, the OSRAM Foshan factory's business adjustment had a big move as early as July 2013, and OSRAM had closed the traditional spiral lamp workshop, which had become increasingly uncompetitive. According to the “Nanfang Daily” reported at the time, OSRAM admitted in an internal document that “the lighting market is moving from traditional lighting to solid-state lighting (LED lighting). Due to our mistakes in the past, we have to some extent Lagged behind some competitors."

Philips sells Lumileds stake to sell OLED business

In March of this year, under the leadership of the Jinsha River, mergers and acquisitions funded by Chinese-funded and foreign-funded consortiums such as Asia Pacific Resources Development and Investment Co., Ltd. and Nanchang Industrial Holding Group Co., Ltd. acquired 80.1% of Philips’ Lumileds, which Philips will retain. The remaining 19.9% ​​of shares. Philips Lumileds, including the LED and automotive lighting division, is worth about $3.3 billion.

According to analysis by industry insiders, the sale of Lumileds shares is a huge relief for Philips because it has always faced high costs and strong work pressure. At the same time, this transaction should also greatly improve Lumileds' business structure and operations, giving companies more options to raise funds from the capital market, seek partners and develop new businesses, and have more flexibility in new strategic deployments. . However, as the patented technical issues have not been resolved, as of December, the transaction has not yet been completed.

As early as April, OLED Works in the United States has revealed that it will acquire Philips' OLED business. In November, OLED Works finally announced the completion of the acquisition of Philips' main OLED assets and related intellectual property. At the same time, OLED Works GmbH will also be established and the production will continue at its existing plant in Aachen, Germany.

Absen LED lighting business no profit termination investment for five years

In May, Absen issued an announcement that the company's board of directors reviewed and approved the Proposal on Terminating and Adjusting Some Fund-raising Projects and Relevant Raised Funds for Permanent Supplementary Working Capital, and decided to stop the existing LED lighting business. At the same time, it decided to terminate the LED lighting product construction project and adjust the LED technology research and development center construction projects, and raised the related raised funds of the above two raised investment projects for a total of 474.230 million yuan for permanent replenishment of working capital.

Ibison has already entered the field of LED lighting as early as in 2010. After nearly 5 years of hard work, although LED lighting business has a certain growth, overall growth is slow. From 2012 to 2014, the sales revenue was 3,223.27 million yuan, 39.003 million yuan and 42.068 million yuan, respectively, while the gross profit rate continued to decrease over the same period. From 2012 to 2014, they were 20.21%, 11.61%, and 5.22% respectively. LED lighting in the first quarter of 2015 Product orders only about 640 million. The company has not only failed to gain profits from its involvement in the LED lighting business, but also suffered a certain degree of losses each year. From the perspective of the market's competition and the company's resources and capabilities, it is still unable to change the status quo in the short term. Therefore, if you continue to invest in LED lighting business, it will only drag on the main business and damage the interests of the company and shareholders. In order to improve the efficiency of the use of raised funds and to maximize the company's operations and shareholders' interests, after careful investigation, the company decided to terminate the LED lighting product construction project.

Toshiba exits white LED market image sensor business sold to Sony

In July 2015, Toshiba was identified as a scandal involving fraudulent accounts. This not only led to the resignation of CEO Tanaka Joo Hsiung, but also caused a crisis in his financial status. In October, as reported by the Japanese media Asahi Shimbun, Toshiba also intends to withdraw from the loss of the white LED business, this business is part of the Toshiba Semiconductor Division, and may end some discrete components production of home appliances, automobiles and other uses. According to the report, Toshiba was originally optimistic about the growth potential of the white LED business. As a result, it devoted a lot of resources to the white LED business several years ago. However, due to the slow start, the white LED business continued to struggle.

According to reports from Bloomberg, Reuters, and the Japan Times, Panasonic also intends to sell the production unit owned by its camera sensor unit to Sony for US$165 million.

Panasonic LED production moves back to Japan to shut down Indonesia plant

In August, according to the “Nihon Keizai Shimbun” report, Panasonic plans to concentrate all its production of LED lighting fixtures sold in Japan on Japan. The production plant in West Java, Indonesia, which is exported to Japan, was closed before the end of October. About 500 employees were dismissed and the production was transferred to the Iga factory in Mie Prefecture, Japan. The Indonesian plant is Matsushita's only residential LED lighting fixture production base overseas, and 80% of its production is exported to Japan. Due to the depreciation of the yen, the import earnings of the lighting business deteriorated. This will fundamentally change the production system, and the profitability of the LED lighting business that has occupied the largest share in Japan will further increase.

Samsung, LG are reducing LED lighting business

According to the Korean media report, Samsung Electronics reorganized the LED lighting division into a group in early December through a restructuring. Samsung once cultivated LED lighting as one of the five new tree species, but has recently changed its direction. Ingold Innotek (LG Innotek) recently also sold Sapphire Wafer, an LED raw material business, to SSLM, a joint venture between Sumitomo Chemical and Samsung Electronics.

As the demand for environmentally-friendly lighting continues to increase, the LED lighting market itself continues to expand. It is expected that the market size in 2015 will reach approximately US$17 billion, which will grow by approximately 9% compared to 2014. According to the 2014 sales benchmark, Samsung Electronics and Lucky Innotek each took third place and fifth place in the global LED lighting market, but both companies could not avoid losses due to the serious oversupply in the LED lighting market. status. According to the information of the market adjuster IHS, the LED lighting market is in a state of oversupply of 23%, mainly due to the large investment made by Mainland companies relying on the advantages of government subsidies.

However, there are comments that South Korea still included LED lighting as a suitable medium for small and medium-sized enterprises from 2013 to 2014. Therefore, Korean companies have missed the golden moment of fostering their businesses at home. There are rumors that Samsung may sell its LED lighting business externally.

TSMC fully withdraws from the LED field and sells it to Jingdian

In January, the foundry of Taiwan Semiconductor Manufacturing Co., Ltd. decided to withdraw from the light-emitting diode (LED) field, and its Taiwan-based solid-state lighting products will be sold to Jingdian Electric, which will completely withdraw from TSMC solid-state lighting.

Due to the substantial expansion of the LED industry in recent years, oversupply, TSMC solid-state lighting and later into the LED industry because of the late, the industry's patent barriers and access development is not easy. TSMC considers that TSMC solid-state lighting will not turn back into profit in the short term. The board of directors passed the resolution and will sell all the shares of TSMC solid-state lighting to Jingdian. The total amount is 825 million yuan. After the transaction is completed, Jingdian will hold the platform. With a 94% stake in solid-state lighting, TSMC will completely withdraw from TSMC solid-state lighting.

The future operation of TSMC solid-state lighting will be dominated by the existing team of Jingdian and TSMC solid-state lighting.