Capital investment to increase in 2014 LED equipment to recover
Following a decline of 45 in 2011 and 30 in 2013, as LED overcomes the problem of overcapacity, new capital investment will increase in 2014, and LED wafer manufacturing investment is expected to increase by 17 in 2014, nearly $1. 2 billion, SEMI said.
Equipment Investment also reveals that the LED industry has entered a new era, because the current equipment investment is concentrated in industry enterprises and aspiring survivors rather than scattered in new enterprises or new technologies.
Led TV and semiconductor lighting have boosted the development of the LED market. In the past three years, the LED industry has expanded its production capacity significantly, partly due to the impact of subsidies from the Chinese government.
Production capacity increased by 49 in 2011 and 39 in, and continued to grow by 19. This year.
Driven by state and local subsidies and stimulus programs, China's LED manufacturers will increase their 4-inch wafers this year from 100 thousand wafers per month in 2010 to 620 thousand wafers per month. These capacity expansion was in 2010-
2011 is affected by the extremely optimistic forecast that the LED market will increase to more than 2015 US dollars in 20 billion.
However, the current forecast for the packaged LED market in 2015 is only 15 billion US dollars, with an annual compound growth rate of less than 5. 5%.
The reason for the decrease in forecast is the improvement of LED luminous efficiency, the improvement of packaged LED luminous efficiency and the small market for LED replacement lamps.
It is believed that the average chip per thousand lumens has dropped from $13 in 2011 to $3. 65.
The number of LEDs used for televisions has been reduced by 1/3, and the number of LEDs required for many SSL lamps has been reduced by half compared with a few years ago.
LEDs for mobile devices and notebook computers are also decreasing.
Cars are still the growth line market, but currently only account for 10% of the total market.
Due to the increase in production capacity and the decline in the first-class growth rate of new companies, the price of packaged LED has dropped sharply in recent years, making many companies face serious economic difficulties, especially new enterprises and those enterprises that produce small and medium-sized power products with low gross profit. Wafer Manufacturing is declining, especially in China.
The sales volume of MOCVD system dropped sharply, with enterprises such as Vico and aisiqiang, which saw their sales volume triple in 2010, but the sales volume dropped in 2012 as in 2010.
The drop in the price of sapphire wafers has offset the drop in the price of some packaged LEDs, with more than 80% of sapphire used in the LED industry.
The price of sapphire 4-inch wafers is now around $32 (2011 price is $130)And the price of a 6-inch wafer is less than $300 ($450 18 months ago). 2-inch and 4-inch patterned substrates (PSS)
Quickly become the standard, 6-inch products will also become the standard.
The decline in sapphire prices and the competition in silicon carbide have suppressed the penetration of silicon-based gallium nitride LED.
LuxResearch report shows that SiC and Sapphire will continue to dominate the LED market, thanks to capacity improvement and technological improvement. New technologies such as hydride vapor deposition (HVPE)
It will further improve output and cut costs so that Sapphire will remain highly competitive in the next 10 years.
SEMI said that its manufacturers have invested in 6-inch wafer production systems and related equipment to improve yield and output. Kerui (Silicon carbide)As well as Philips and Osram (Sapphire)Has begun to enter the 6-inch wafer.
Japan Yahua continues to invest in increased production capacity and technological improvement. Taiwan wafer, Xinyuan and New Century optoelectronics have significantly increased production investment this year.
Almost all manufacturers are upgrading their production systems, including increasing investments in metrology, automation, etching and lithography.
China's MOCVD procurement will also increase without government subsidies in 2014.
SEMI expects MOCVD procurement to increase by 150 in 2014 and units in.
At the same time, many LED factories in China will be closed or acquired.
China Sanan has more than 120 MOCVD units and dehaorunda has 90 units. Their factory utilization rate is increasing and gradually becomes a new force.
Some medium-sized LED manufacturers, such as Jinyang optoelectronics and Huacan Optoelectronics, are close to full-load production and will be very optimistic in the future.
China will account for of total equipment investment in 2014, up from 2013.