Backlight reflow + new stimulus, billion light Q4 revenue increased temperature

According to Taiwan media reports LED packaging manufacturers billion light in the third quarter of this year due to the kinetic energy of the weak and sustained decline of LED backlight, single quarter revenue, similar with the previous quarter is not busy season, but in the NT dollar depreciation effect, chugu single quarter profit still not much difference with the previous quarter. In order for the fourth quarter of expected lighting stable, TV backlight demand return and new product shipments support, performance is expected to increase.

Billion revenue over the past 10 years to maintain growth, but in 2015 due to the overall economic and structural adjustment of the display industry, intense lighting, LED continued to fall, the annual revenue profit estimate will decline. Among them, the third quarter of this year by the LED panel backlight weak demand and decline in value, not the busy season, single quarter revenue and Ji Xiangjin, but due to the depreciation of the NT dollar effects help industry gross margin and foreign exchange income, estimated profits remain unchanged.

With the recent return of TV backlight orders, lighting and stable shipments, as well as the succession of new product production and investment into the lighting company to introduce a new design, the fourth quarter is expected to have a slight increase in revenue over the previous quarter.

As for the construction of the new plant is still in accordance with the original plan. It is reported that the new plant is located in the light of the new Industrial Development Zone in the fourth quarter of 2015 will be completed and formally stationed in the fourth quarter of 2016, the new SMD will be imported into the new production line. Early automotive lighting, infrared and other high-end applications.

In 2016, the company plans to launch all kinds of new products in the next year, including LED LED (infrared and ultraviolet disinfection, check, etc.) automotive lighting (into the original supply chain and cut into the car headlights, direction lights, daytime running lights, through the application of niche product project) business development, to reduce the proportion of products, improve the backlight product structure. However, the actual benefits must be determined by the new product certification and the promotion of new customers.

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