Mainland supply chain impact LED price Ye Yinfu: demand stimulated growth

China, LED supply chain rise caused by overcapacity, the impact of price competition the price of LED, Everlight chairman yeyin Fu said, although prices are still under pressure, but the increase in lighting, backlighting demand, this year's operating performance will be better than last year.

Ye Yinfu said that the mainland LED supply chain rise caused considerable pressure on the LED price, the impact is how long it remains to be seen, but because LED prices fell too fast, more carefully, in addition to the inventory management, because of the breakthrough in the patent industry although pulled customers permeability, poor condition, but this operation will continue to grow.

Chairman Ye Yinfu pointed out that the main structure of the first phase of the new plant has been completed, the current internal construction, is expected to put into operation in the second quarter, the production line will lock all the vehicle lamps. Due to the new plant needs to be certified by international manufacturers during the six months, Ye Yinfu estimated new plant synergies to the end of the year will appear.

Billion light plan to invest 30 billion yuan in Taiwan in the past three years, set up a new plant in Miaoli, is expected to create 7500 jobs, the new plant is divided into the expansion of the three phase, the second phase of the forecast will start next year. Ye Yinfu said, after the company with Nichia patent lawsuit is successful, has successfully reached the backlight and lighting market in Japan and Korea and the European and American markets, making the global layout expand billion light, in the bad environment, estimated this year compared with last year working better than the rest, because he wants to.

Ye Yinfu said, with the LED company revenue accounted for the proportion of only single digits last year, the new factory opened, for about half the time before the end of the car factory certification, so the efficiency will appear, and this vehicle products to the company's revenue accounted for a digit level is still in charge for example than forecast, will aggressively pulled camp next year.

As for the United States government refused to Holland PHILPS Corp. (Philips) to sell its LED Lumileds stake to Chinese factory based in Jinsha River (GO Scale Capital) issue, Ye Yinfu pointed out that if the China LED industry only to China market, do not go out of the country, so the LED price competitive war only in China spread, the impact will be on the industry reduce. As to whether or not overweight crystal electricity holdings, Ye Yinfu pointed out that the current foreign matter is not convenient to talk about.

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