Ding Yuan estimate the level of this season is still a single off-season not light

LED manufacturer Dingyuan (30) this morning pointed out that the internal of this year LED is still optimistic about the overall market conditions, from the current order situation, the overall performance is still in the off-season, is expected to increase this year's LED business orders can maintain 20% over the same period last year, the beginning of the season. A single revenue should be can be more than 720 million yuan, the 10% quarter by five, compared with 612 million yuan last year, the annual increase of nearly 20%.

Ding Yuan financial director Qiu Meiling said, at a time when the traditional LED sales season, however, is influenced by factors affecting the reduced number of working days in February, but this season LED will still not be with Q4 last year to drop too much, it is not short off-season, the January sales in the new year by customers due to inventory will lower. The estimation results will be compared to December last year showed a slight decline, but optimistic about the overall market conditions and performance will appear obvious back to temperature in March.

In the 08 year expansion schedule, Qiu Meiling pointed out that due to demand pull goods should be blue LED foundry customers increased, bamboo South plant full process capacity is expected to be around 60%, will be amplified by stages to complete this year, as in its own brand business, related equipment capacity will be expanded to 1500K from the original 1100K, an increase of about 36%, this part hopes in the Q1 season before the end of the implementation, to timely grasp the needs of the opportunity to warm.

Source: Lean news