LED fearless five poor six curse May revenue continued innovation high

Even electronics industry has entered the five six poor must 2Q off-season, ran LED industry revenue has still maintained higher trend, in May there are a number of industry continued high, revenue maintained at grade level, the LED grain factory canyuan, downstream packaging factory Baihong respectively successfully stand on the NT $400 million and $500 million order to record high levels, and Taigu revenue in April fell slightly after May to restore growth momentum, but overall, due to LED manufacturers since March revenue have a new high, in May the growth rate generally slowed down, LED packaging factory leading billion light only slightly compared to April growth of 0.5%.

Market, benefiting from strong demand for large-size backlight and order hot, LED industry in May revenue is expected to fight again high, is expected to have more than 10 industry to a new high. The canyuan revenues in May amounted to 451 million yuan, compared with April growth of 17.18%, compared with the same period in 2009, the annual growth reached 178.93%, even 3 months hit a record high monthly performance, 1~5 month cumulative revenue of 1 billion 571 million yuan, a growth of 191.07% compared to the same period in 2009, brisk performance.

Canyuan continues to rise in the proportion of TV drive, gross margin continued to rise, April gross margin has exceeded 40%, with May revenue continued high gross margin, the opportunity was higher than that in April, canyuan said, because the second quarter will increase 2 sets of metal organic chemical vapor deposition (MOCVD). Revenue, 2Q revenue will continue warming, have the opportunity to reach more than 5 growth season, 3Q estimated monthly revenue is expected to exceed 500 million yuan mark.

Baihong revenues in May amounted to 522 million yuan, the monthly increase of about 10% annual growth of 70%, and a high level of U? 2Q, because the Baihong will take LEDTV orders, factory, starting in June is expected to start shipping with mainland customer shipments rose, and Korean manufacturers TV orders is expected to inject revenue in the second half of the year. The market is expected to Baihong performance in the second half will continue to heat up.

Hong Qi in May revenue reached 330 million yuan, the monthly increase of 3.7%, also hit a single month record high revenue growth, mainly from the capacity utilization, is expected in the third quarter of expansion to 750 million in a single month, and is expected to enter the TV backlight supply chain in the third quarter.

Although May revenue in the off-season in high performance, compared with the same period of 2009 general growth of 5~6%, canyuan, Taigu is growing, but the growth rate has been slow month. One billion in May revenues of $1 billion 432 million, to maintain the record high, but compared with April growth of about 0.5%, lower than the market is expected to exceed the level of 1 billion 500 million yuan, the I-Chiun May consolidated revenue reached 573 million yuan, a single month high, the monthly increase of 2.2% compared to April, if the revenue growth than in March 9.8%, May the monthly growth rate has been slow, although the historical times in April as Pak hung high, but the monthly growth reached 18%, in May reached a record high, but the monthly growth rate is slightly slowed to 10%. Although the overall number of vendors in May revenue growth slightly slowed down, but still maintain a high performance continued innovation = contrarian in the five poor out of the momentum of the absolute 2Q.