The collapse of the tide spread to Taiwan’s legendary power owing 5.6 billion debts to close

Keli Optoelectronics went out of business, leaving 5.6 billion NT dollars in debt, and the creditor bank took legal action to collect debts. Until now, it has been unable to obtain Kyrgyzstan's response.

It is understood that the main reason for the departure of Keli Optoelectronics is that the mainland has subsidized the LED industry with strong capital and high subsidy policies, allowing mainland players to compete at low prices. In the mainland, this kind of excessive competition has caused the collapse of the tide. The situation also spread to Taiwan.

Taking Qi Li Optoelectronics as an example, in the case of the major shareholder Chi Mei Industrial faded out of the technology industry, Innolux did not use the chips of Kellett Optoelectronics, and the LED industry refused to acquire, and the bank’s 5.6 billion yuan debt was in jeopardy. Kellett’s creditor bank may be the biggest victim, and Qili Optoelectronics’ suppliers such as the sapphire substrate plant may also generate bad debts.

Keli Optoelectronics has more than 40 MOCVD machines, and it produces blue LED epitaxial and die in the LED industry and in the round and new century.

Before 2011, the chip produced by Kellett Optoelectronics had good luminous efficiency. It was supplied to LED's largest packaging factory, Everlight. In the past, when LED epitaxial wafers were used for horizontal integration, they had considered combining Keli Optoelectronics.

Click to view Gaogong LED related "closing tide" special planning

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