Li Qing: the first half year revenue increased 18%, about LED working lamp

By May Day holiday and other traditional off-season factors, and the impact of devaluation, the main China, Taiwan LED lamp factory Li Qing in June revenues of 230 million yuan (NT, the same below), compared with May revenue decline slightly 3%, compared the same period last year decline of 10%, but the first half of the cumulative total revenue of 1 billion 770 million yuan, the annual increase of 18%.

Li Qing executives said that the second quarter of the May Day holiday and other traditional off-season factors, and the interference is caused by the devaluation of the RMB, the company's revenue unfavorable factors.

But look at the current performance Chinese, new car sales market, Li Qing director pointed out that the brand new models for car factory actively import LED lights still maintain growth trend, with LED lights in new models to enhance penetration trend, also led to major customers include Shanghai Koito, the Great Wall LED lamp module products of Li increased demand expected will bring positive on the company's overall operating investment.

Li Qing is in charge of observation, Chinese, the United States and other major new car sales market although there are slowing down phenomenon, but the car brand new models to research plant energy saving and carbon reduction is the main trend, so the future of LED headlight market penetration will continue to maintain an upward trend, and have the opportunity to scale up with the economic capacity, can effectively reduce the average cost per vehicle equipped with LED headlights and accelerating the application.

Li Qing director pointed out that the company is currently accelerating with customers to design more high technical specifications of LED lamp module products, in order to grasp the good visibility of orders, to create a fresh wave of Li overall operating growth momentum.

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