I-Chiun precision LAMP LED lead frame in April 1st the price hike of 10%~15%

Because the raw material prices and exchange rate appreciation, the world's largest manufacturer of LED LAMP lead frame I-Chiun (2486) days ago announced that from April 1st at LAMP (full bulb type) LED lead frame price, rose to 10%~15%, and the wire frame of SMD type LED was not adjusted. Because the LED downstream packaging factory have expansion, the LED backlight replacement rate exceeded market expectations of 7 inch LCD panel, the company will double the capacity in 2008, SMD shipments of LED lead frame from NT $1 billion in 2007 doubled to 2 billion yuan. I-Chiun board in 26 through 2007 consolidated financial statements, the annual consolidated revenue of 4 billion 537 million yuan, gross margin of 24%, earnings 771 million yuan, the annual growth rate of 40.36% per share earnings 4.78 yuan, net income 558 million yuan, net profit per share of 3.46 yuan. The allotment of the dividend is set at 2.25 yuan, respectively, $1.75 in cash dividends and stock dividends of $0.5 to the company's closing price of 39.4 yuan on the day of 26 yuan, its cash yield of $4.44%. SMD type LED wire frame production capacity will be from the end of 2007, the monthly production of 400 million, a substantial increase in 2008 single month capacity of 800 million. At present, I-Chiun LAMP lead frame month 2 billion 100 million, estimated the price increases will obviously increase revenue, the light is in March revenue orders have been high, more than 470 million new Taiwan dollars.

Source: LEDinside