Leyard Optoelectronic () is a publicly traded Beijing based electronics manufacturer, producing

LED A light-emitting diode (LED) is a semiconductor Electronics, device that Light#Light sources, emits light when Electric current, current flows through it. Electrons in the semiconductor recombine with electron holes, releasing energy i ...

products including displays and lighting. Its main business segment is in screen displays of very large dimensions.

History

The company was founded in 1995. The private company went public when it was listed on the

Shenzhen Stock Exchange The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Excha ...

, premiering on the

ChiNext ChiNext is a NASDAQ-style subsidiary of the Shenzhen Stock Exchange. The first batch of firms started trading on ChiNext on October 30, 2009. As of June 2015, there were 464 firms listed on ChiNext. ChiNext aims to attract innovative and fast-g ...

board in March 2012. A key moment for the company was the

2008 Olympic Games The 2008 Summer Olympics (), officially the Games of the XXIX Olympiad () and also known as Beijing 2008 (), were an international multisport event held from 8 to 24 August 2008, in Beijing, China. A total of 10,942 athletes from 204 Na ...

when its display products were used for the opening ceremony. It manufactured displays that illuminated the Olympic Rings and also supplied a display scroll that was 1300 sq. m of its “Ground Bar” LED product, a LED display that could sustain physical activity over it including the moving wheels of a car. 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. 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. 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. In November 2015, Leyard acquired

Planar Systems Planar Systems, Inc. is an American digital display manufacturing corporation with a facility in Hillsboro, Oregon. Founded in 1983 as a spin-off from Tektronix, it was the first U.S. manufacturer of electroluminescent (EL) digital displays. Plana ...

, Inc. in Oregon, via its Leyard American Corporation subsidiary. In May 2018, Leyard and Planar Systems acquired eyevis, a German manufacturer of large scale LED screen systems.

Products

In 2013, Leyard released a 228-inch TV set, which was the largest TV set in the world.

References

{{Reflist Companies listed on the Shenzhen Stock Exchange Manufacturing companies of China Chinese companies established in 1995