LED car light penetration over the 60% LED headlamp Lunda orders

The automobile lamp manufacturers lextar electronics Limited by Share Ltd (hereinafter referred to as "lextar Electronics") recently said the headlight LED has obtained three types of orders from China, automotive lighting suppliers, is expected to begin shipping in the second quarter of 2016.

Lextar electronics said, LED car lamp module company supplies mainly in the use of Chinese car manufacturers the Great Wall motor hover SUV models, accounting for 95% of total demand. In addition, the company is China automotive lighting supplier Shanghai Koito automotive lamp Co. Ltd. is the exclusive manufacturer.

Lextar electronics pointed out that the first half of 2015, the Great Wall car sold about 415300 units of their SUV in the country, unit sales grew 19.56%, to become the top SUV manufacturers.

In addition, lextar electronics focused on LED tail lights and daytime running lights, LED car lighting Chinese currently occupies 25% market share.

According to the current global lextar electronics, permeability LED taillights and daytime running lights up to 60%~70%, only domestic penetration reached 50%~60%.

Since the price of LED car headlights is high-intensity lighting headlamps 5~6 times, the current global LED penetration is only about 5%. However, the global penetration of LED headlights is expected to rise to 10% in 2016, the Chinese market will reach 5%~7%.

Lextar electronics is expected LED headlamp penetration rate in the world by 2016 will rise, in view of China market tremendous growth potential, Lunda electronics said the company will expand the production capacity of 50% factories in Shanghai in the first quarter of 2016.

Lextar electronics according to earnings, the first half of 2015 the company consolidated revenue of NT $1 billion 345 million (US $42 million 700 thousand), gross margin was 20.75%, net operating profit of NT $105 million, net profit of NT $570, net income per share was 1.03 nt. Lextar electronics is expected in 2016 consolidated operating income and net profit will increase by more than 20%.

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