Longda June revenue decline, Mini LED small shipment in the second half

Taiwan LED vertical integration plant, Longda yesterday (5) announced the combined revenue of NT $909 million in June (NT $196 million), a monthly decrease of 15.8%, an annual reduction of 10.7%. The second quarter combined revenue of 2 billion 980 million yuan, 12.6% quarter increase, annual reduction 1.7%; the first 6 months cumulative revenue 5 billion 630 million yuan, annual reduction of 5 billion 630 million.

Longda said that the second quarter backlight business part is actively sprinting Mini LED (sub millimeter light emitting diode) technology. At present, the sample delivery is expected to start small shipment in the second half of the year. In the new application field, the Longda wearable device has already blossomed and scored the top 5 global sports ring products and stable shipment.

In addition, due to the growing consumer monitoring market, Longda's IR (infrared) products are shipped monthly and applied to the smart doorbell brand in the United States. UV (UV) grain and packaging products are also shipped continuously for nail polish and printing curing.

Looking ahead, Su Fengzheng, chairman of Longda, said recently that this year will continue to reduce the proportion of lighting, hoping to converge to around 3. In the third quarter of the new plant in Chuzhou, Anhui, the new plant efficiency is expected to emerge at the end of the year, which will help improve gross margin performance.

Source: Central News Agency

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