By the turnaround of the sale of a subsidiary holding those firms operating in 2017 Huaxin LED China factory

Taiwan LED manufacturers ARIMA (19) yesterday held a shareholders' meeting, the company last year is still a loss to compensate for the loss of 2 billion 453 million yuan (NT, the same below), shareholders through the sale of investment subsidiary of Huaxin holdings, with not more than 5 million 981 thousand shares of the amount sold in batches in the open market to market; trading this year with niche products work the gradual emergence of results, those firms operating profit.

The Chinese LED industry this year is expected to bottom out, but the blue white LED will still face price competition, therefore, the blue LED chip production is over China, resources in four yuan LED and infrared products, blue chip factory, forecast by new capacity investment, although the market will not be bad, but the factory is not easy to make money, by price competition profit erosion.

The company emphasizes product transformation is expected to gradually see results after tax loss of 159 million yuan last year, compared with 266 million yuan last year this year will be convergence, those firms operating by the turnaround, mainly in the resources placed high margin products, focus on niche products include LED automotive, networking and other high price market, and expand the existing product line does not increase the visible product development, to develop new application market, strengthening in four yuan profit and infrared robust product line.

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