Industrial peak season drive + new products, LED factory Q2 operation is expected to continue to pick up

Although most of the LED plants in the first quarter of this year were superior to the same period last year, they were affected by the first season's off-season, and the single season profit was still lower than the previous quarter. LED industry said that after the second quarter, the operation is expected to continue to rebound in the strong industrial season and the organic delivery of new products.

LED industry in Taiwan said the mainland's capacity for lighting and backlighting continued to continue in the first quarter of this year. Therefore, the first quarter of the mainland market prices continued to decline.

However, LED industry also said that after the second quarter, because the peak season is approaching, this year, the manufacturers are expected to maintain the niche market and the new application of the shipping direction. In general, single season profit is expected to maintain growth.

After the first quarter of the Taiwan LED industry, a number of manufacturers in the lock niche market, last year and the first quarter of this year, the performance has been obviously rebounded, including Hongqi, Longda, Bai Hong and Dongbei, the first quarter of this year's operation has been turned, the second quarter can still maintain growth trend.

Hongqi product combination to display and consumer products, the company is optimistic about Mini LED this year in the cinema and other large display and mobile phone backlighting applications development, the Mini LED is expected to have the fastest second quarter of this year before the opportunity to produce, for revenue to bring new contributions.

In the first quarter of the second quarter, the company said that, as the second quarter of last year was in a low operating tide, plus the previous second quarter shipments were better than the first season, it was expected that the second quarter revenue this year should be better than the previous and the same period last year.

Bai Hong is locked in the air market, which accounts for about 2% to 3% of its revenue in 2016, and has risen to 5% last year. Due to the higher gross margin of the product, it is also an important reason for the improvement of the performance in the past two years.

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