The relationship between supply and demand is tense, and the price of chips rises. LED lighting and small spacing show the size of the 100 billion market, and the current market penetration is still at a lower stage. Demand side small-pitch display and LED lighting penetration rate continued to increase, supply-side chip manufacturers expanded production cautiously, global LED chip capacity tightening caused tight supply and demand, leading to upstream chip makers to raise prices. Leading Taiwan wafer optoelectronics and some products of Fujian Sanan Optoelectronics have implemented different levels of price increases, and other chip manufacturers are expected to follow up. The price increase will greatly enhance the company's profitability. The LED chip business is leading, and its performance has turned into a profit. The company is a leading supplier of LED display chip market in China, and has high-quality customers such as Liard, Mulinsen and Zhouming. The industry's first dedicated chip for small-pitch display, the market share of medium-power and high-voltage chip products continues to grow, flip-chip has reached the domestic first-class technology level, and the backlight chip has successfully entered the mainstream backlight supply chain. The LED epitaxial chip expansion project will add an annual production capacity of 3 million units after reaching production in 2020. It is estimated that in 2016, the company's net profit for the whole year will be between 263 million yuan and 268 million yuan, and the company will turn losses into profits. Merger and acquisition of Blue Crystal Technology to achieve industrial chain integration. The acquisition of sapphire material supplier Lanjing Technology will open up the upstream material link and improve the layout of the midstream of the chip + epitaxial wafer + material industry chain. The synergy effect will gradually emerge. The gross profit margin of the sapphire substrate business of Lanjing Technology Co., Ltd. is as high as 45.24%. In the first half of 2016, the company contributed 70.335 million yuan of operating income and net profit of 23.907 million yuan from the consolidated date, effectively improving the company's profitability. Acquired the US MEMSIC and laid out the sensor market. The global MEMS device market is expected to reach more than US$22 billion in 2018, with a compound annual growth rate of approximately 13%. China has become the market with the largest demand for MEMS devices. The company plans to acquire the US sensor company MEMSIC, plus the field of consumer electronics and automotive electronics. The MEMSIC accelerometer and magnetic sensor business ranks among the best in the world. If the acquisition is completed, it will strengthen the company's strength in the sensor industry and provide another growth point for the company. Earnings forecasts and investment advice. The company's performance has turned losses into profit, benefiting from the increase in the profitability of LED chip price hikes, the integration of LED industry chain through outreach mergers and acquisitions, multi-point layout to broaden the business field. 98 Inch Education Interactive Board 98 Inch Education Interactive Board,Smart Education Black Board,Interactive Conference Integrated Machine,98 Inch Interactive Education Integrated Machine Jiangsu Qilong Electronic Technology Co., Ltd. , https://www.jsqldzkj.com