Billion light vehicle products have entered the European and American first class car factory, Mini LED Q4 mass production.

A few days ago, Mr Ye Yinfu held the shareholders' regular meeting. Chairman of the board of directors is optimistic that the second half of the year will be better than the first half of the year. The vehicle products have already entered the first class car factories in Europe and the United States, and will start shipping from the third quarter. The estimated revenue will exceed 10% this year.

Ye Yinfu said that billion light has entered the first class car factory customers in Europe and the United States. Products including headlights, taillights, inside and outside lighting will start shipping from the third quarter of this year. It is estimated that the proportion of auto products will exceed 10% this year.

Ye Yinfu believes that in the second half of this year, the performance of the billion light will be better than that of the first half of the year, and the growth will come from vehicle and inductor market. In addition, the Mini LED products are being sent to the market. The fourth quarter is expected to start mass production and will be applied to vehicle and mobile related products.

In the shareholders' business report, Yi Guang said that in 2017, the global LED industry was developing steadily, but it was affected by the capacity of LED packaging in mainland China. Besides the mainland China, many manufacturers showed a decline. As the mainland government resumed the various preferential measures, the mainland manufacturers continued to accelerate the pace of expansion and take the market at a low price. Global LED factory profits.

Billion light in 2017 combined revenue of 7 billion 311 million yuan (NT $, the same below), an annual reduction of 6.9%; operating profit of 1 billion 692 million yuan, an annual reduction of 20.8%; net profit after tax 1 billion 204 million yuan, an annual reduction of 33.3%; earnings per share (EPS) 2.74 yuan.

Looking forward to 2018, Yi Guang said that it will actively adjust its direction of operation. Besides focusing on Mini LED, automotive and invisible light, and other niche products, the development of smart city, smart car, virtual reality, artificial intelligence and wearable devices will rise, and the demand for LED is also greatly improved. In addition, the development of products in the world will be greatly improved.

Billion light pointed out that in 2017, the output value of vehicle LED was US $2 billion 817 million (equivalent to RMB 18 billion 100 million yuan), estimated that it will grow by 12.45% in 2018. Among them, the growth is strongest in vehicle lighting, mainly for high-power LED technology upgrading, so that the LED lighting outside the vehicle is gradually transferred from the high rank vehicle to the middle class vehicle.

Billion light said that in 2015, the new factory of Miaoli Causeway was built, and the intelligent factory of human engineering concept was built. The main production vehicle components and lamps and lanterns had complete vehicle products. In order to comply with the development trend of products, Yi Guang actively turned to the application development outside the vehicle, and focused on the daylight lamp and headlamp market with higher technology level.

Source: United News Network

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