Baihong positively towards the large area backlight application layout

With the LED backlight in the 10 inch small size panel application market accelerated maturation, Baihong (3031) in the backlight supply proportion of white LED products also continued to grow, but the company is also actively in large size backlight applications to layout. It is understood that the current white LED industry for green fluorescent powder and red phosphor and a blue LED chip mixed solution development is quite optimistic, even assess the chance to find a lot into the space on the part of the high price of large size LCD TV, so Baihong also accelerated in this market of ink supply chain. And have a chance to win TV back light source of orders for new products in the second half of the year.

The LED backlight module costs continued to decline, narrow the gap with CCFL import cost and small size, currently 7 inches below the market almost all of the LED backlight panel, while less than 10 inches in size LED panel backlight module with LED backlight module proportion of lower cost and speed up. The industry evaluation, 08 years of global 10 inch LED backlight penetration will reach about 80%, and about 10% NB aircraft penetration of five, while the price is relatively clear under the guidance of monitor, LCD TV will have a monitor development lease to import a large number of LED backlight source engine.

As the white LED green fluorescent powder and red phosphor and a blue LED chip out, compared to the past other solutions with the material cost competitive advantage, is to avoid the patent dispute concerns, so the industry has a small aircraft began to use it as the backlight for LCD TV, and optimistic about the future possibility of entering a lot the application of. But Baihong on-going for large size backlight market supply chain to accelerate the layout, internal rating and estimation of the second half of this year is likely to win TV back light source of orders for new products.

In addition, in the car with LED, this part shipments Baihong has continued to grow, mainly applied to the body side and tail light, reading lamp application, the product gross margin of more than 30%, the customer for 2 mainland manufacturers including Chery cars, and has been for the 8 models of shipments, current monthly revenue contribution for more than 1 thousand yuan, is expected to still have a chance in the future continue to cut into the other car factory supply chain.

In the capacity planning, the highest proportion of revenues accounted for Baihong SMD products, because of increasing market demand, it is expected to produce from the current 270KK (the capacity utilization rate of about 90%) to the amplification of Q2 to 300KK, and the second half will be expanded to 400KK, the other infrared Q2 will be the monthly production capacity of 150KK expansion to 200KK. Baihong assessment, total capital expenditure this year is about 1 billion yuan, compared to the year doubled, while LED production capacity gradually expanded, the expected overall consolidated revenue will also have the opportunity presented by quarter rising.

Source: Lean news