MOCVD demand rose, Ace was strong in the first half of the year's revenue of 932 million yuan

On the 26 day, the world's leading semiconductor industry deposition equipment supplier, Ace (AIXTRON), announced its performance reports in the first and second quarters of 2018.

In the first half of 2018, revenue increased by 3% to 117 million 600 thousand euros (about 932 million yuan). In the second quarter of 2018, revenue fell to 55 million 200 thousand euros (about $437 million), as a result of the arrangement with customers.

The interest rate of Maori and Mao achieved a year-on-year increase in the first half of 2018, reaching 50 million 600 thousand euros (about 400 million yuan) and 43%, respectively. Compared with the first quarter, the gross profit of the second quarter was reduced to 23 million 800 thousand euros (about 188 million yuan), consistent with income growth, while the gross interest rate remained stable at 43%. This is mainly due to favorable products and regional portfolios, as well as the positive returns of the US dollar against the euro in the second quarter.

Orders, including spare parts and services, increased in the first half of 2018 to 154 million 300 thousand euros (about 1 billion 223 million yuan), up 20% over the previous year. This is mainly due to the rising demand for the MOCVD system used in the production of ROY LED, especially for the MOCVD systems used for laser applications, such as vertical cavity surface emitting lasers (VCSEL) or the side shot laser (EEL) suitable for 3D sensor technology or optical data transmission.

The backlog of equipment orders increased to 138 million 300 thousand euros (about 1 billion 96 million yuan) in June 30, 2018, up 48% from a year earlier, a 20% increase compared with March 31, 2018.

EBIT in the first half of 2018 increased to 12 million euros (about 95 million 80 thousand yuan) in the first half of 2018. Before the first quarter, the second quarter pretax profit fell to 4 million 100 thousand euros (about 32 million 485 thousand yuan).

Net profit increased to 16 million euros (about 127 million yuan) in the first half of 2018 compared with last year, and was positively affected by the capitalization of the 5 million euro deferred tax in the first quarter of 2018.

"Orders in the second quarter of this year continue to increase, so we decided to raise the order income indicators of the 2018 fiscal year," said Dr. Bernd Schulte, President of Ace strong. A slight decline in income in the second quarter was entirely due to the shipment arrangements agreed with the customer. The income of the second half will be correspondingly higher than the first half of the year, so we will achieve the income target according to the plan. "

Dr. Felix Grawert, a member of the Ace Executive Committee, added: "we continue to benefit from the global demand for MOCVD systems used for laser applications, such as VCSEL or EEL, which are particularly needed in the field of 3D sensors or optical data transmission. The requirements we use to produce ROY LED MOCVD systems are also high, because they are indispensable for the market penetration of small spacing, Mini and future Micro LED. " (Editor: LED network James)

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