East Bay estimated next year to ship LED bulb eighty million among the top three LED bulb factory

The Department of Taiwan LED plant in the East Bay stations stable United States LED lighting market, the European market also came news of the season, received orders in Europe, single season shipments 3 million to $4 million, $30 million in next year's European shipments target.

The East Bay for the first three quarters of this year net profit per share of 0.6 yuan (NT, the same below), the full year net profit per share is expected to challenge 1 yuan, corporate value, in order to inject new markets in Europe, the east bay next year revenue will be more than 10 billion yuan, annual growth of over 20%, the annual profit is expected to double this year.

After Liteon, billion light delta gradually fade LED lighting market, the East Bay with economies of scale and provide solutions for advantage, with the mainland interbank counter.

Chairman Wu Qinghui said East Bay, East Bay in 2014 the LED bulb shipped 20 million, up to 45 million this year, estimates next year continued increased 80 million, becoming the world's top three LED lighting factory, the East Bay has become the manufacturer of LED lighting design, few can make money.

According to the Taiwan area of a Home Furnishing hardware department director said, the channel's LED lamp brand in the store, is appointed by the Dongbei foundry, since after the last, PHILPS LED lighting sales fell more than 50%, according to the East Bay product is competitive.

East Bay LED bulbs in the North American market to achieve a considerable market share, the recent start in the European market broke out a day, this season began shipping. East Bay planning next year in Hannover Lighting Fair will be vigorously publicized next year, the amount of orders from Europe is expected to take off from $30 million.

The East Bay in the first half of this year by PHILPS sales, resulting in customer wait-and-see, overall revenue decline, August revenue has been stabilized, until November, has rebounded for four consecutive months, mainly because of PHILPS's low-cost lighting promotion period has ended, return to normal price.

In addition, the East Bay customer digest inventory in good condition, coupled with the market price and channel inventory have experienced about a quarter of the adjustment, the visible and lighting has been restored customer orders, orders continue to return this season, optimistic about the strong growth momentum of lighting products.

Wu Qinghui stressed that the LED lighting industry has been identified in the third quarter bottomed out, the tide has passed, the next quarter of next year should be able to show a monthly rebound in the first quarter.

The East Bay before November consolidated revenues of 7 billion 362 million yuan, the annual reduction of 11.8% corporate estimates, the East Bay in December revenue is expected to continue to rise this year, annual revenue in 8 billion to 8 billion 100 million yuan, in 2016 after the accession to the European market orders, with the LED lighting and backlighting growth, revenue is expected to exceed 10 billion yuan.

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