I-Chiun January consolidated revenues of 452 million record, SMD lead frame Q2 expansion rate will reach 50%

LED lead frame manufacturer I-Chiun since end January consolidated revenues of 452 million yuan, the annual growth of 46.5%, the monthly growth of 19%, and a monthly consolidated revenue highs. I-Chiun associate and spokesman Yang Bairong pointed out that the January sales performance is to create a new record high, on the one hand in addition to the main benefit from the overall orders does not weak kinetic energy, less in part by the client to pull ahead of the goods to help, but the overall visibility of orders is still only to see this month, did not dare to look too far this month, the performance is much affected by the Lunar New Year holiday factors.

In the expansion planning schedule, I-Chiun assessment, because the SMD type lead frame market demand is still good, is expected to continue to play a "08 annual revenue growth center, so the product will also continue to promote the expansion plan, the monthly production capacity from the end of the season at the end of 500K to Q1 was amplified by 400KK, and Q2 during the further amplification to about 600KK, in other words, rather than at the end of this year, the scale of production capacity, SMD type lead frame product expansion rate will be at least 50% or above.

Yang Bairong said, from the January sales structure, SMD type lead frame in capacity expansion and get effective play, by more than 1 times the annual revenue, plus TFT-LCD shipments with obvious warming lamp reflector, the product revenue also year-on-year growth, become the two major key drive revenue growth in fact, originally expected 380 million yuan January within the consolidated revenue should be better than December, but directly rewrite record results is beyond the expected level.

Source: Lean news