Accumulated in October revenue continued high innovation, up to 124 million yuan, Q4 and optimistic outlook next year

Taiwan province LED driver IC leading plant accumulation, announced in October revenue for second consecutive months, the highest single month record high, reaching 124 million yuan, the cumulative October revenue of 990 million yuan, compared with the same period last year accumulated substantial growth of 59.66%. Outlook for the fourth quarter and next year, the cumulative performance is quite optimistic.

Thanks to the electronic season and LED market strong growth momentum this year, driven by the accumulation of operating results continued substantial growth, before the three season after EPS has reached 10.92 yuan, the fourth quarter continued optimistic expectations, the industry estimates, the accumulation of revenue this year will reach 1 billion 240 million yuan, the annual growth rate of more than 60%, which launched the next two accumulation a month of revenue will more than 125 million yuan, while the year in accordance with the preceding three quarter gross margin of 47.2% estimates, this year EPS will challenge the accumulation of more than 15 yuan.

As for the prospect of next year, the accumulation of pointed out that the company will continue to set goals for more than 50% years of growth, the main reason for the accumulation will be added more customers, the current market in South Korea's market share has reached 80%, China's mainland market accounted for 60%, Europe has 50% of the market share, in complete design services import goods customers niche, expected the company's commercial pattern will get rid of the LED driver IC price competition, in addition, the American market with TI products, but has been used in the accumulation of long-term stagnation, the integration of resources and R & D personnel, service nearby United States highway billboards demand actively the development of new customers.

In addition, the accumulation of backlight and lighting market is also actively exploring, mobile phones, NB and other applications, it is estimated that even next year to 2009 have the opportunity to show the strength of sustained growth.

Source: Lean news