LED pick up performance gains, long yuan Q3 cautiously optimistic

Long yuan yesterday (16) held a law meeting, estimated that the third quarter of the overall revenue will be stronger than the second quarter, while the gross profit margin will also be compared to the second quarter level, the whole year will be more optimistic than last year. In the second quarter of the year, because of the continuous downturn in the LED pick up test, the IC test OEM sales increased month by month, and the equipment acceptance check was also on the top of the history. The gross profit margin of the second quarter came to 27.97%, which is the 5 quarter high. Chen Guibiao, general manager of long yuan, said that the IC test OEM benefited from Flash's main growth promotion. The new volume of RF and MEMS also increased its contribution. In the second half of the year, the semiconductor industry is still quite optimistic. In addition, after the first half of the year, the price of the market has not been stable, the demand for temperature has increased steadily in the second half of the year. Moreover, the establishment of the inspection and acceptance has been deferred from July to August. Hope is the main force for growth in the 4 quarter, and the annual contribution will challenge the new record. LED pick up customers from Japan and Korea other than crystalline power, which will help companies optimize gross margin performance. It is expected that July will be the bottom of the performance and visibility in the next 1-2 months is good. As long yuan IC testing OEM, LED pick up inspection, up to 95% of the equipment self-control rate, currently only 5% of the LCDIC test equipment is not self-made, so the company in the layout of LCD driven IC testing foundry, is also in the layout of related equipment, Chen Guibiao additional optimistic about this part of the future growth momentum, has recently entered China's China New customers in North and Southern China will gradually ferment in the fourth quarter of this year.