LED factory profit can be expected, with Mini and LED power car

LED group recently with the micro light emitting diode (Micro LED) hot, received by the market concerned.

With the electric car in the low-cost market forward, next year the global car demand is expected to enter the LED element of another wave of high growth cycle, is expected to bring greater growth momentum for the market.

Billion light before November revenue of 25 billion 200 million yuan (NT, the same below), for vehicle revenue capacity at the end of next year after the completion, the proportion is expected to reach 10%. Billion light capital expenditure next year is expected to 2 billion yuan, the vehicle is one of the major projects including customer service; billion light vehicle maintenance (AM), plant parts and lights, because the vehicle certification period, the proportion will be pulled up by quarter.

By blue LED, lighting quarter revenue peak has passed, crystal November revenue 1 billion 810 million yuan, month minus 14%. In the crystal electric products to improve the profit structure, the interest rate significantly compared with last year pulled up, but the LED quarter demand trajectory has not changed, this month will be flat with November revenue forecast. Corporate estimates, received 5 billion 730 million yuan crystal electric camp this season. With the LED offer a more stable, estimated gross margin of 22.93%, net profit of about 600 million yuan.

Leading global epitaxial crystal electric plant in Micro LED layout, recently came to the United States Department of plant Micro LED brand team downsizing, market turned to Mini LED schedule. Mini LED at the stage of application, backlight display application, compared to the Micro LED, on revenue and profit is the opportunity to contribute, but have yet to be overcome, the proportion of growth next year is still limited.

In addition, the development of the electric crystal vertical cavity surface emitting laser (VCSEL), to change the current machine production in VCSEL epitaxial stock, will pass the attack in 5 ~ 10 business platform, it is important to note the subsequent development.

Source: Business Times

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