In the past 20 years, he has grown into an industry giant, and Mulinsen continues to expand upstream and downstream. With the prosperity of China's LED industry, the company has emerged as a packaging giant, which is a microcosm of the development of LED private enterprises. The company swept the industry with the low price brought by the scale, and the current monthly production capacity is 70KKK, far exceeding the domestic counterparts.
Mu Linsen has laid out three major businesses: “LED devices, lighting manufacturing, brand operationâ€, and foundry and brand takeoff. At the same time, Mulinsen is based on packaging, and cooperates with upstream chips to secure chip supply, extending to the downstream lighting market and establishing its own brand and channel. The upstream and downstream sectors have been opened, and the entire industrial chain ecosystem has taken shape.
The acquisition of LEDVANCE, a beautiful overseas merger and acquisition of the use of PE, state-owned forces, Mulinsen successfully acquired the world-renowned brand Osram's LEDVANCE, this is a case of China's lighting industry for overseas mergers and acquisitions.
With a price of 400 million euros, Mu Linsen has acquired more than 2 billion euros of business, two hundred-year brands, and global marketing channels. It is not only financially valuable but also beneficial to the promotion of the Mulinsen brand. Internationalization of the sea, the two sides complement each other, the future synergy is worth looking forward to.
As we set foot on the starting point of the new cycle, Mulinsen is expected to move to a new level, and the LED packaging industry will shift to China. The next new cycle led by China has arrived.
After the scuffle in the LED industry in the past few years, the industry chain has been increasing from the top to the bottom, and the concentration of the industry has increased significantly. From last year to this year, the price surge of the upstream chip and packaging industry also indicates that the industry boom is back up; The new application represented by the company will also bring a new round of demand cycle in the industry.
Standing at the beginning of the new cycle, the company will benefit in depth as a package leader.
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