Leyard International Military Orders Peak in 2014

Chinese LED manufacturer Leyard’s oversea military orders reached nearly RMB 100 million (US $16 million) last year, according to a Jinghua report.

The company has been applying for military product qualification and certification, and has started deploying its global market strategy. At the same time the company has readied manufacturing equipment, and will start productions after Chinese Lunar New Year in late February.

Leyard is mostly focused on LED display and related application products R&D, production, sales and other services. The company has developed and designed LEDs for various applications, production, sales and services. In 2014, Leyard’s small pitch LED TV orders soared 103% to RMB 670 million, about 34% above the company’s annual target. Small pitch LED TV has become the company’s leading business this year. Since being listed on the market in 2012, the company’s small pitch LED TV orders valued RMB 1.2 billion.

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