LED season is not prosperous, this year's strength significantly weaker

LED industry in the second quarter to enter the peak season, but due to the growth in demand for TV is not small, low profit margins, resulting in less than expected peak season. Last year, the upstream crystal power plant (2448), the new century (3383) fell into serious losses, the remaining downstream packaging factory managed to maintain profit. Even the Japanese LED maker Nichia Fu released 2015 earnings, compared with the previous year decline.

According to LEDinside data, last year the upstream all kinds of grain, the average decline rate of up to 4, is always rare, crystal power, the new century is Chinese overcapacity, the global price slump last year, profit diving, crystal electric loss per share of 2.81 yuan (NT, the same below), the new century loss per share of 5.27 yuan.

The new century last year burned, there is mainly two one-time impairment, including the elimination of old machine and stock. The company said that this year the new international manufacturers of crystal foundry business, will push CSP (wafer level packaging), the main high value-added lights, according to the market, the second quarter of the operation can be a slight return temperature.

Packaging factory Everlight (2393) last year still rising profit king, earnings per share reached 4.27 yuan, a decrease of 16% compared to the previous year's 5.12 yuan. The needs of the poor in the backlight, billion light first quarter revenue has exceeded the backlight illumination, this year will invest more resources in lighting, car and UV market, the fastest Causeway new factory installed the end of the second quarter, but the real contribution of revenue for 2017.

Legal representative, the second quarter is the traditional peak season, in the past there is a seasonal effect of the new TV market, but this year the strength is significantly weaker, making the packaging plant backlight orders are mostly short single or urgent single.

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