Billions of light car products have entered the European and American first class car factory, Mini LED Q4 production

A few days ago, hundreds of millions of light held shareholders' regular meeting, chairman Ye Yinfu was optimistic that the second half of the year would be better than the first half of the year. The car products have already entered the first class car factory in Europe and America, which will start from the third quarter, and it is estimated that this year will contribute more than 10% of the revenue.

Ye Yinfu said that billions of lights have entered the first class car factory customers in Europe and the United States, including headlights, taillights, inside and outside lighting, will start shipping from the third quarter of this year, and estimate that the proportion of car products will be more than 10% this year.

Ye Yinfu believes that the second half of this year will be better than the first half of this year, the growth comes from the car, sensor and other markets; in addition, Mini LED products are sending samples, the fourth quarter is expected to start production, will be applied in car, mobile related products.

The global LED industry is facing steady development in 2017, but it has been affected by the LED packaging capacity in mainland China in 2017. The global LED plant makes profit space.

The combined revenue of 7 billion 311 million yuan (New Taiwan dollar, the same below) in 2017 was 6.9%, the business interest was 1 billion 692 million yuan, the annual decrease was 20.8%, the net profit after tax was 1 billion 204 million yuan, the annual decrease was 33.3%, and the earnings per share (EPS) was 2.74 yuan per share.

Looking forward to 2018, it will actively adjust the direction of operation. In addition to focusing on the niche products such as Mini LED, vehicle and invisible light, the development of products will rise with the wide application of LED, intelligent city, smart car, virtual reality, artificial intelligence and wearer, and the demand for LED is also greatly improved.

The output value of vehicle LED in 2017 is 2 billion 817 million dollars (RMB 18 billion 100 million yuan), and it is expected to grow 12.45% in 2018, of which the strongest growth force is outside the car, mainly for high power LED technology, so that the external LED lighting is gradually transferred from the high order car to the middle order car.

In 2015, the Miaoli brass gong new factory was set up to build a smart factory with the concept of engineering. The main force produced car components and lamps, and has a complete car use product.

Source: joint news network

For more information on LED, click on the LED network or pay attention to the WeChat public account (cnledw2013).