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The LED lead frame factory has entered the Samsung supply chain and received a large order for the LED TV lead frame. Zhou Wanshun, chairman of Yiquan, said that in 2010, Samsung is expected to become the largest customer of Yiquan, accounting for 30% of its revenue. In 2010, its revenue contributed more than 1.8 billion yuan, and its annual growth has exceeded 10 times.
In 2010, Samsung LED TV shouted 10 million shipment targets, making Yiquan the first lead frame factory to directly supply Samsung. In response to Samsung's demand, Yipeng expanded its 2,000-pyeong factory in the five-share industrial zone and is expected to join the operation next month. In fact, a wire frame used in LED TV shipments from Samsung in the fourth quarter of 2009, with a revenue of only 100 million yuan in 2009, is expected to rise month by month from 2010. Zhou Wanshun said that in 2010, Samsung’s share of revenue will reach more than 30%, and annual revenue will grow by at least 40%.
At present, the monthly production capacity of the SMD lead frame has been increased from 800 million to 1 billion. After the completion of the new plant, the lead frame capacity can be increased by 50% and the monthly output is 1.5 billion. 