Crystal electricity: orders are not as expected, look forward to Q3 revenue highs

EPISTAR (2448) Q1 gross margin of about 21%~22%, in addition to the provision of inventory loss 50 million yuan, there are 40 million financial liabilities valuation loss of ~5000 million yuan, foreign exchange losses are 15 million yuan. Attract outside attention. EPISTAR chairman Li Bingjie recently pointed out that the current results from the foreign, it seems, apparently EPISTAR forecast for 2007 seems too optimistic. He also predicted that LED applications in notebook computers (NB) backlight will be the mainstream in the next 1~2 years, and LED applications on television, you must overcome the cost problem. It is understood that, in February 2007, the receipt of crystal electricity on the rapid recovery, but the performance was not good in March 2008. Fortunately, the market channel crystal electric good, plus the mobile phone supply back to temperature, so in April the orders of about 1 billion yuan, Q2 monthly orders amount may be high, but because of price factors, revenues are no more likely to grasp the noble innovation, expected Q3 revenue highs.

Li Bingjie estimates that high brightness LED will grow rapidly, estimated in the next 3~5 years, the efficiency of LED will be from the current 80 lumens per watt (LM / W) to 150lm / W, and LED into lighting, a key factor in the luminescence efficiency and the decrease in cost, if you want to replace energy-saving light bulbs as the goal, in addition to challenges of high luminous efficiency, the cost of LED will decline by more than 10 times.

Li Bingjie said, Q1 is LED short quarter, due to the upstream production capacity has been opened up, so the downstream packaging plant on the oversupply of arbitrary bargaining, so that Q1 chip prices fell 10% to ~15%. Q2 prices are expected to have signs of stabilization, but the market is still dominated by the buyer's price. He also estimated that in 2008 the 5 inch ~9 inch small back light source will be more than of the proportion of LED, the NB penetration rate will exceed 10%, the next point of cost detonated in the TV, the cost of the current LED is still much higher than many.

LED is mainly used in the past in the mobile phone market, to 2006 has dropped to 48%, the other is extended to display backlight LED about 17%, car market by LED15%, LED, LED lighting 7% traffic lights in 1%, and other applications 16%.

Source: LEDinside