2009 LED market is expected to rebound in the fall of crystal electric deep rebound

2008 LED season is not prosperous, off-season even more dismal. The traditional off-season comes, LED industry stock price and the performance of the same straight. But the market believes that the LED market will pile up in excess of requirement in the steady growth of Dachang production and market demand, the market is expected to recover in 2009. LED industry price correction has been deep, yesterday showed strong gains, crystal electric industry strong limit, almost all received red.

LED industry in the third quarter of the quarterly report did not reflect the effect of the LED season, only a small number of revenue in October to maintain high-end. Due to weak demand, capacity utilization in the fourth quarter of an average of only 60% or so, the manufacturers have stopped the expansion or return machine, the industry is expected, if the industry continues to reduce supply, supply and demand is expected to reach LED stable before and after the second quarter of 2009, ahead of the market recovery, this time at the end of something that is not a good thing.

EPISTAR third quarter profit and revenue in October than expected, plus a resignation of director, November order visibility is even worse than in October, the share price fell below 30 yuan, a record low of six years, a total of 52 2000, crystal electric shares fell more than 70%. However, 12 days of market rumors, crystal electricity price is too low may increase the incentive to market hostile mergers and acquisitions, investors sold for resale, opening soon hit the limit, and deadlock to the end! According to the production planning industry at the beginning of 2008, the original 2008 MOCVD machine will be nearly doubled, but the years since the factory to see the signs wrong has slowed expansion pace, with crystal electric as an example, the original expansion rate of 50%, the actual expansion rate of only about 30%, but in the capacity utilization rate is still poor situation, market is expected in the fourth quarter gross margin probably will continue dropping.

Source: LEDinside