LED Taiwan factory downstream packaging group Q2 revenue back to slow temperature

Because the holiday is cancelled, the mainland's mobile phone market to adjust inventory, Taiwan LED downstream packaging plant in the second quarter revenue back to the temperature slowly, the foreign report pointed out that the second packaging factory, mainly rely on white card mobile phone market demand, so generally by the downstream inventory to slow the impact of estimates of second quarter revenue growth on average below 10%, and the downstream leading billion light (2393) for backlight notebook computer shipments, quarter revenue growth is above the average level.

Morgan Stanley Securities research report pointed out that from the downstream of LED April revenue performance, and not a light out of the quarter effect, mainly due to adjustments by the downstream mobile phone customers, the mobile phone screen and keypad backlight is the main revenue of Hong Qi (6168), (3031), Baihong donper (2499) April revenue reflects obviously a mobile phone demand, compared with March 4.58%~13.87% ranging from recession. With the gradual reduction of the downstream inventory, the report predicts that the second tier packaging plant in May revenue growth rate of about 5%~7% between the month, the temperature back to the same period of 07 years slower.

Source: Taiwan free times