Billion light the second half of the season is not prosperous, this year revenue / profit or decline

The Department of Taiwan LED packaging manufacturers billion light year third quarter revenue slightly lower than the previous quarter and the annual reduction of 9% is not busy season, is the main reason for general lighting, backlighting and consumer electronic applications, facing the market competition. The estimation of gross margin may have pressure. Expected in the fourth quarter of last season and had little difference, full year revenue and profit may decline as the recession last year, since 2015 third consecutive years of profit.

Billion light year September revenue to maintain 2 billion 350 million yuan (NT, the same below), and last month, similar to the annual reduction of 8.3% in the third quarter revenue of about 6 billion 910 million yuan, minus 1.2%, minus 8.8% years season, busy season. A total of three first quarter revenue of 20 billion 600 million yuan, the annual reduction of 4.9%. The main reason is the general lighting and backlighting, consumer electronic applications facing the market competition, manufacturers, product prices, coupled with the adjustment of regional customer orders, the proportion of OEM companies cautious strategy.

Among them, the global LED lighting market penetration in 2017 is estimated to be up to 35% ~ 38%, 2018 challenge more than 40%, production scale is also growing. But because the land plants gradually in the growing strength of the largest bulb, lamp has the superiority, this two billion light accelerated steering automotive lighting, commercial lighting, special lighting, lighting plants and so on niche application development, and according to the biological identification function applied to the handheld device and control system of infrared launch new products.

At present the company is to adjust the product mix for, including the upgrading of automotive lighting (in the direction of lights, taillights, interior lighting, dashboard backlight and so on, car headlights is still low), high order small pitch screen, and IR is not visible light of related products in the proportion of shipments.

However, despite the Taiwan new factory opened, after the causeway overall productivity increase of about 2, and lock the vehicle lighting and other high-end applications, but also conducive to product portfolio optimization. But the initial operation order scale and utilization rate are yet to be pulled up. As for the warm small spacing display needs still, but companies have invested too much, and low order small pitch screen competition.

For the Department of Taiwan billion light LED packaging manufacturers, nearly 20 years to maintain profit status. But the influence of land plant competition, operation adjustment and other factors, the first three quarters of this year total revenue minus 4.9%, the first half of the earnings per share of about 1.56 yuan, lower than the same period last year. The estimation performance in the fourth quarter of last season with little difference, estimated annual revenue and profit may decline to decline compared with last year, since 2014, since the band peak for third consecutive years of profit.

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