Crystal electric Mini LED in the four quarter of the mass production, the second half of the operation or heating

EPISTAR chairman Li Bingjie pointed out that the second quarter of this year than in the first quarter, not necessarily bad, but the worst case is the bottom of this year. Because although the blue LED is weak, but strong demand, four yuan LED full capacity, the estimated four Yuan energy sustainable to the third season, and then back to inventory needs backlight, lighting, the fourth quarter Mini LED mobile phone application of new production shipments, the second half will be compared with the first half with temperature.

At present, EPISTAR also intends to group according to the nature of business, is divided into three business groups, namely ES Corporation, ES Semiconductor, ES Technology, were responsible for the LED/LD business (blue, four yuan, VCSEL), Foundry (OED/Vcsel, PED/GaN/Si), business component / module (CSP, Mini LED/Micro LED business, Sensor, Solar Ce Ll).

EPISTAR general manager Zhou Mingjun further explained that the business transformation is for future growth, the past crystal electric to achieve LED endless possibilities for the future will be to achieve the 35 main semiconductor possibilities for the spindle, focusing on 35 groups of technology, with the company's core competence development, rapid response customer terminal Demand.

For example, the newly established Foundry business, the original crystal electric with large capacity can be made, in accordance with the needs of customers, from EPI to Chip for vertical integration of supply, or supply respectively. Since the beginning of the business scale is not large, if in addition to set up a company to do more to highlight the value of it. As for the customer is willing to order and order and worry about technology outflow, see crystal electric past the mall can record to win the trust of customers.

The components and modules, crystal can focus on Wafer package, the CSP business, the future development of Micro to LED, the traditional packaging technology is useless, because the LED spacing is too small, the traditional materials have been unable to cope with. The integration function of chip module, the Sensor module is like industry, automobile industry, requires a different wavelength with LED.

At present, the VCSEL crystal electric products or to supply data transmission application center, the company continued to expand production capacity, change the machine VCSEL build, estimated that this year there will be more investment in VCSEL, the VCSEL machine production capacity increased 25%. Considering the initial production yield, quality, learning curve, next year is expected to contribute significantly.

Concern for the outside world, VCSEL Mini LED these new products will account for the proportion of revenues this year the number of crystal electric, Li Bingjie stressed, including CSP and Mini LED, integrated chip module and so on to count, this year there should be an influential percentage (the market estimate may be about 10%).

Mini single crystal electric LED, in an ongoing project, the company is more optimistic. The crystal electric is sure the order now estimated to 2003, Mini LED could eat into 3~4 crystal electric capacity.

EPISTAR revenues of 25 billion 271 million yuan last year (NT, the same below), gross margin of 21.7%, the annual increase of 14 percentage points, operating profit 2 billion 307 million yuan, industry profitability, industry exchange loss 4 billion yuan, net profit after tax of 1 billion 650 million yuan, earnings per share 1.55 yuan, for the past three years, even the end of two years loss situation. The resolution of the board of directors allotted 0.8 yuan cash dividend per share, is nearly 3 years for the first time to restore the dividend.

The first quarter of this year by the industry supply increased, inventory adjustment, LED decline, the Chinese Lunar New Year and other factors, single quarter revenue fell to 5 billion 148 million yuan, an annual reduction of 10% quarter by 13%, a record low of nearly 20 season. The first quarter gross margin fell to 17.2%, the annual reduction of 2.5 percentage points, operating profit of 127 million yuan, the annual reduction of 69% over the same period last year, but because of that huge foreign exchange losses in the first quarter of this year after an income tax return, resulting in the first quarter of this year net profit after tax of 400 million yuan, earnings per share 0.37 yuan, year-on-year turnaround, also for the same period in recent 3 years the best.

Although April revenues fell to 1 billion 665 million yuan, year, month minus 6.23% minus 23.9%, 4 months before the revenue of 100 million yuan in 68, the annual reduction of 14%, but the company believes that the second quarter of this year will not necessarily be than in the first quarter, the worst case is this year. The main reason is the strong demand, four yuan LED full capacity, providing support for the whole second season, but four yuan momentum is expected to continue into the third quarter, when a backlight, lighting inventory needs to cover, the fourth quarter Mini LED mobile phone application of new production shipments, estimated the second half will be better than the first half.

Source: Money DJ

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