LED off-season not light layout 2014

Day ago, securities issued by the investment strategy report pointed out that the LED industry in the fourth quarter of 2013, the off-season establishment. Looking to the future, in the technical progress, cost reduction, policy subsidies, as well as the promotion of the joint efforts of major manufacturers, LED lighting will exceed the expected penetration. Report pointed out that the 4 quarter of the industry is not short off-season. Taiwan LED company in 2013 10-11 month revenue situation is good, according to the survey of the mainland's major LED companies since the 4 quarter orders and started to maintain good. Recent chip prices continued to strengthen, the 4 quarter of the price of lighting and backlight packaging devices were reduced to around 4%. Price stability reflects the high industry boom. Before the Holiday Stocking, overseas customers focused on the superposition of a single factor and other factors, since December, the industry continued to maintain production and sales booming, the prospects for the Spring Festival trend will continue. Incandescent ban has accelerated, strong overseas demand. This year, China's customs data show strong growth in exports of mainland LED lighting products. Especially in the second half of the year were more than 40%, and speed is very obvious. The world began incandescent ban 60W from 2014, due to the LED ahead of distribution channels, to replace the light demand effect has been 13 years since the second half highlights, which led to the mainland export market growth. In the technical progress, cost reduction, policy subsidies, as well as the promotion of the joint efforts of the major manufacturers, in 2014 LED lighting penetration is expected to exceed expectations. Good chip supply and demand, profitability continued to improve at dachang. With the accelerated penetration of LED lighting, LED chip demand in 2014 will grow by 30-40%. From the supply side, the main chip factory expansion is more cautious, is expected in 2014 effective capacity growth of 20-30%. Therefore, the industry is expected to supply and demand better in 2013.