About Mini LED application development, new production is expected in the two quarter of Hong Qi

Table LED packaging factory Acer qi transformation efficiency continues to appear. This year, 1 in February revenue accounted for under a deferred display project, respectively, the annual increase of 25.3%, 8.91%, two months before the cumulative revenue of about 525 million yuan (NT, the same below), the annual increase of 16.8%. In the first quarter of the overall display project support, single quarter revenue estimates last season. Recovery is expected in the second quarter, due to the number of working days display shipments season and new product production drives, as well as the opportunity to.

For the full year, Wang Qi after adjustment, has been out of the product portfolio to display backlight market, and consumer products, the company optimistic about the Mini LED this year in the cinema and large screen mobile phone backlight application development, is actively promoting Mini 4-in-1 LED and other new products, the fastest expected may have the opportunity to mass production in the second quarter of this year end first, bring new contribution to revenue.

In addition, depreciation continued to decline this year is still an important factor Wang Qi's gross margin could continuous improvement. With the mainland factory, Hsinchu factory incorporated into the end of the depreciation, depreciation amount of Hong Qi from about 70000000 yuan in 2016, all the way down to about about 40000000 yuan in 2017, estimated this year probably continued to drop 15%.

The small pitch LED display high specifications of LED products for 0808 and 0606, Mini 4-in-1 LED Mini LED is a macro for Qi towards 0606 new products launched the following specifications, the 4 RGB LED package 1 four in one LED. Hong Qi Mini 4-in-1 LED to target this year shipment volume.

Infrared IR products in the past Acer Qi less information, will also strengthen the layout of this year. The company has set up a new company, leased the existing plant and purchasing equipment in Guangzhou, investment in the production of IR products, the initial investment amount of about 10 million yuan, holding 75% Hong qi. Now the consumer products revenues accounted for about 45%, the display proportion is 45%, including infrared, lighting, mobile phone backlight together accounted for about 1 into.

Affected by the traditional off-season and display project entry point deferred and other factors, Wang Qi in the fourth quarter of last year fell to 750 million yuan in revenue, quarter by 11.6%, but the annual increase of 3.1%. The apparent product portfolio and operational benefits of restructuring, in 2017 the annual revenue of about 3 billion 13 million yuan, the annual increase of 6.24%, the annual profit may be the best in recent 3 years.

Source: Money DJ

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