Leyard
Native name | 利亚德光电集团股份有限公司 |
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Romanized name | Lìyǎdé guāngdiàn jítuán gǔfèn yǒuxiàn gōngsī |
Company type | Public |
SZSE: 300296 | |
Industry | Electronics |
Headquarters | , |
Products | LED screen displays, LED lighting |
Number of employees | 4,783 |
Website | leyard.com |
Leyard Optoelectronic (
History
The company was founded in 1995. The private company went public when it was listed on the Shenzhen Stock Exchange, premiering on the ChiNext board in March 2012.[2]
A key moment for the company was the
By 2014 the company had become focused on international expansion. At the time it injected HK $50 million (US $6.45 million) into its Hong Kong subsidiary, Leyard (Hong Kong), and invested RMB 50 million into another subsidiary, Beijing Leyard Electronics, with the stated objective of financing international expansion.[4] Greater interest in international expansion went hand in hand with increasing overseas sales. In financial results disclosed in 2014, Leyard reported overseas orders had soared 85 percent year on year.[4]
Earlier in 2013 it had laid the groundwork for substantial international expansion when it entered into a joint venture agreement with MIC Electronics. Under the agreement, MIC Electronics would become the distributor of Leyard's products in India and once a certain amount of sales in India was reached, the companies would develop a factory in India.[5]
In November 2015, Leyard acquired Planar Systems, Inc. in Oregon, via its Leyard American Corporation subsidiary.[6] In May 2018, Leyard and Planar Systems acquired eyevis, a German manufacturer of large scale LED screen systems.[7]
Products
In 2013, Leyard released a 228-inch TV set, which was the largest TV set in the world.[8]
References
- ^ "Leyard Optoelectronic Co. Ltd". Wall Street Journal.
- ^ "Everyday Network,Leyard and Bluedon to List on ChiNext Board". Shenzhen Stock Exchange.
- ^ "Focus on Olympic Games". LEDs Magazine. October 2008.
- ^ a b "Leyard scales up financing in 2 subsidies to expand overseas market". OF Week. July 31, 2014.[permanent dead link]
- ^ "LED supplier Leyard Optoelectronic and display producer MIC enter into cooperation agreement". LEDs Magazine. June 2013.
- ^ "Planar Announces Closing of Merger with Leyard". BusinessWire. November 27, 2015.
- ^ "World's Largest LED". Retrieved 28 March 2018.
- ^ "World's largest LED TV set released by Leyard". China Daily. July 25, 2013.