Become the world's third largest LED billboard factory, estimated Q3 single month revenue can exceed NT $700 million

Following the Beijing sky, Guang Lei Technology (2340) once again received the Suzhou sky order scale over the Beijing sky, Guang Lei began to harvest in the layout of the mainland, and become the world's top three, Taiwan's largest LED billboards factory. The outdoor market is Chinese LED Kanban needs heating, and guanlei's focus on Olympic business opportunities, upcoming emerging industrial and commercial buildings, and the new city decoration. Because of the high margin LED billboards, the 2008 Q2 operating better optitek. Optitek Q3 estimated monthly revenue will be exceeded NT $700 million, the highest single month record.

Lehman's latest report pointed out that the worst optitek operation phase has passed, is expected in the second half of the year in excess of consumer LED product demand quarter revenue growth momentum will support, accelerate the appearance at the same time because Guanglei has the advantage of leading position in the LED billboards, the target price will guanlei to raise 40 yuan, optitek yesterday (20) days in the Taiwan stock market fell 226 points in bucked the trend, closing at 33.5 yuan, up 1 yuan.

Beijing in 2006 made the first known in Asia, the world's second "sky", which is the supply of science and technology, the sky, the sky began to become famous in the mainland. The canopy width of 30 meters, a length of 200 meters, composed of large blocks of LED billboards, a total area of 6000 square meters, with a total amount of more than RMB 100 million yuan, and the size of the Suzhou sky above the Beijing sky.

07 years Guang Lei LED outdoor billboard revenues amounted to 1 billion 600 million yuan, in the Suzhou sky after joining the LED panel this year revenue can exceed 2 billion yuan, the Olympic related by Guang Lei Beijing, Suzhou sky supply, plus Beijing International Airport terminal is more than 10 meters above the large billboards, Guang Lei also makes Guang Lei in manufacturing China, the LED board has a competitive advantage, but not on the Suzhou sky Guang Lei technology, the future also has the effect of advertising, coupled with the high barriers to entry, so Guang Lei has been active in the Ningbo factory production capacity and future extension, as in Taiwan, the total production capacity of 7 billion pieces on both sides of the month.

According to Macquarie Securities said, optitek are the world's top three large billboards LED company, is the only company in Taiwan with Europe and Japan, such as Mitsubishi, Panasonic, Barco and other competition, coupled with the difficulty of high barriers to entry, the other LED plant in Taiwan to LED opto opto competition, outdoor large billboards will become the business index optitek, due to the Suzhou sky project will be completed in the second quarter, estimates can bring considerable revenue to inject optitek.

Source: LEDinside