LED replaced CCFL trends appear, Macquarie optimistic about the photoelectric, radiant backlight module etc.

Recently, Macquarie Capital Securities (5371) and promising in the photoelectric radiant (6176) and other topics to enhance the potential investment value of the backlight module group, that is replaced by LED notebook computer CCFL open replacement demand is about to detonate.

Macquarie Capital Securities pointed out that the LED replaced the CCFL trend will appear in the next few years in the past, the development trend of LED is divided into: 2004 to 2006 3 to 5 inch mobile phone panel with 2007 to 2008, 8 to 10 inch panel with, and with the decline in the price of LED will gradually enhance the technology for large size panel used the future trend for the final, all panels will use LED.

From the mid point of view, the notebook computer panel with LED speed will be accelerated, estimated in 2009 the penetration rate is up to 50%, much higher than the market forecast, 30% to 40%. In fact, the market underestimated the notebook computer using the LED rate, the next 2 to 3 years to reach 100%. In addition, affected by the global economic downturn, Macquarie capital securities industry will be expected back wave of restructuring, not only two manufacturers will be forced to withdraw from the market, even the first tier manufacturers operating also feel hard, South Korea from 2008 two large manufacturers bankruptcy can be seen, estimated in 2009 or so, the scale and technology are better manufacturers in Taiwan it will be good news.