The acquisition of Lumileds is no, but it is difficult to prevent the pace of Chinese overseas mergers and acquisitions

The Chinese acquisition of Philips in the US chip and headlights company was vetoed by the US government less than a month, the acquisition of Fairchild Semiconductor by the state-owned China Resources Group subsidiary was also rejected because of fear of failing to pass the US review. The industry believes that although the United States continues to tighten the acquisition of high-tech enterprises and key technology review, the trend of industrial globalization and international mergers and acquisitions is unstoppable. On January 22, Philips announced that it was unable to resolve the concerns of the US Foreign Investment Committee regarding national security and stopped selling its Lumileds (chip and lamp company) to GO Scale Capital, an investment fund led by Chinese venture capital firm Jinshajiang Venture Capital. 80.1% shares. In March last year, Philips and GO Scale Capital reached an agreement on the acquisition. Lumileds has world-leading technology in LED chips and automotive lighting, with a large patent, its core R&D base and epitaxial materials factory in the United States. The investment funds for the acquisition of Lumileds also include China Investment Co., Ltd., China Aviation Trust Co., Ltd., Guoxin Fund Management Co., Ltd. and Nanchang Industrial Holding Group Co., Ltd. We use Nanchang's LED enterprise Jingneng Optoelectronics as the industry platform. If we successfully acquire Lumileds, we will greatly enhance the technology and manufacturing capabilities of the domestic LED industry and reshape the global LED industry. Wu Shenjun, co-founder and managing director of Jinshajiang Venture Capital, said. The reporter learned that after 19 years of research, Nanchang University has succeeded in obtaining LED technology for blue-light silicon substrate, mastered the LED chip technology with independent intellectual property rights, broke the monopoly of Japan and the United States, and formed a three-pronged situation of global LED technology. In 2012, Nanchang Jingneng Optoelectronics Co., Ltd., which was founded on the silicon substrate LED technology, successfully realized the industrialization of high-power blue-light silicon substrate LED technology, marking China's two highlands in technology and industrialization in the LED field. Relying on this independent intellectual property LED technology, Jiangxi plans to make Nanchang a national LED optical valley. The acquisition of Lumileds will help Optics Valley achieve leapfrog development. Xiao Yuwen, deputy mayor of Nanchang City, said that Wu Shenjun said that the two sides have actively cooperated with the US Foreign Investment Committee in the past year, and it is very regrettable that the irresistible factors have not passed the review. The acquisition was vetoed by the US government for less than a month. On February 17, US Fairchild Semiconductor rejected the China Resources Microelectronics Co. Proposed acquisition offer. The reporter's investigation found that from the early years Huawei tried to acquire 3COM, and last year Tsinghua Unisplendour proposed that the acquisition of Magnesium was rejected. It is not uncommon for Chinese companies to acquire technology companies overseas. Insiders analyzed that the US government blocked Chinese investors from acquiring Lumileds, and Meixiantong Semiconductor was forced to reject the China Resources acquisition project in order to suppress the development of China's semiconductor industry and maintain the technological advantages of US technology companies. The United States is constantly tightening restrictions on any high-tech or military power that may enhance China. Fan Jishe, a researcher at the American Institute of Chinese Academy of Social Sciences, said that this situation has become more apparent in recent years. However, Wu Shenjun said that the trend of international industrial division of labor is unstoppable, and the road to overseas mergers and acquisitions must go firmly. The strength of the Chinese market and the solid foundation of technology research and development, if combined with the strength of foreign high-quality brands, will certainly promote domestic industrial upgrading and promote supply-side reform. Overseas mergers are the roads beyond the leaps and bounds of China's industry. The US government's obstruction will also be a high-frequency event. The industry believes that overseas mergers and acquisitions is like a chess game. To reduce the influence of the US government, it is necessary to exert efforts from three aspects. The most important revelation of this acquisition failure is that we must first innovate independently and then carry out international cooperation. Xiao Yuwen said that China's industry is starting from a new stage in which people have people, I am strong, and people are strong, but what is more important is that there is no one. When we can do things without people, naturally we are not afraid of no international cooperation. US scruples Huawei is a strong competitor of Cisco, so Huawei is difficult to enter the US market, but Huawei's European market has developed rapidly. Fan Jishe suggested that China's entry into the US market does have multiple obstacles and can increase cooperation with established European industrial powers. Wu Shenjun said that despite the failure of the transaction, they won the respect of Philips. The future of China's LED industry and international companies such as Philips will have greater cooperation possibilities.

Threaded Roll Machine For Steel Rod

The Thread Rolling Machine is a multifunctional cold extrusion forming machine tool. It can perform thread, straight, and twill rolling treatments on the workpiece in the cold state within its rolling pressure range; straight tooth, helical tooth and helical spline gears Rolling; straightening, reduction, rolling and various forming rolling. Mainly used for rolling various precision external threads and high-strength standard parts, including ordinary threads, trapezoidal threads and modular threads.


Thread Rolling Machine Price, High Speed Thread Rolling Machine, Flat Die Thread Rolling Machine, Z28-200 Type Thread Rolling Machine

Borong Machinery Manufacturing CO. LTD , https://www.boronjx.com