Crystal growth favored by foreign investors

Taiwan area LED epitaxial crystal with the leading manufacturers of power itself influence in the global industry gradually rise, the investment value is more and more favored by foreign circles in Japan, crystal electric price before the correction to the amendment process, did not see the selling pressure from foreign capital, but is of crystal electric appear to buy more or more action, since 07 years in late July to a record high of 180 yuan price correction correction, foreign shareholding proportion has yet to crystal electric sharply from 15.29% to 27.78% was, since 08 years a total of more than 7600 pieces to buy red, and has 12 consecutive trading days to maintain the super buy.

In the circle of foreign investment, the most optimistic about the value of the current stage of the investment value of the crystal is a Macquarie Securities, the agency's target price of 207 yuan crystal electricity.

From the crystal electric industry status, currently the company is still ranked in the four yuan LED capacity of the world, this part of the production capacity 1 billion 600 million pieces including general brightness and high brightness of the product (UHB) 80 million, even the world's first LED manufacturers Nichia to purchase red crystal electric LED chip; as in the blue part. Complete crystal electric three in one whole and plans within 07 years after the Q1, the global LED capacity Blu ray have been ranked the top three large.

Crystal electricity 07 years total revenues of more than $10 billion 200 million, an increase of 62%. EPISTAR internal evaluation, 08 year Q1 market have the opportunity to show the off-season, the monthly revenue is only 07 years Q4 will be reduced by about 10%, compared with 07 for the same period and a substantial growth of around 50% (three in one to 07 years and 08 years, effective March) LED production scale can grow about 10% five, crystal electric revenues growth momentum should be much larger than this level, is expected to increase to more than 30% in general. In other words, crystal electric 08 years revenue will be more than $13 billion level.

In addition, to support downstream customers clear orders, crystal electric 08 years will also cooperate with the expansion plan, the blue and green LED per month from 800 million to the original star, before the end of June, according to the high order products and the amplification of 300 million to 400 million, when the Blu ray equipment total monthly production capacity will reach 1 billion 100 million to 1 billion 200 million a, the expansion rate of about 45%; ultra high brightness LED four yuan per month, will be from 80 million to 150 million to 160 million expansion.

The crystal electric's ultra high brightness LED products four yuan, has also received 2 European and American manufacturers of outdoor billboards with product orders, which is expected to increase the number of shipments per month at least 10 million. EPISTAR said internal for high brightness four yuan LED new product sales growth is very good, and the product level due to the application of a wide range, but there is no infringement on the past doubts, this part of the low base of sales, so the 08 years should see larger growth space.

EPISTAR believes that the application of handheld products is still 08 years LED industry growth is expected to be followed by force, there will be 40% increase, 7 to 10 inches of small and medium size backlight penetration, above 07 years from 45% to 08 years was 60%, NB back light source is also 08 years of heavy heart. The 07 annual permeability is only 3%, will grow to 10% to 15%, and the application in the field of lighting High Power LED will grow strong.

Source: Lean news