New century positioning LED solution provider to speed up the layout of the blue highlights

The grain size of LED manufacturers in New Century (3383) before the three quarter of the average gross margin of 47%, earnings per share of 3.34 yuan listed in the Taiwan area LED cabinet company won the champion, the general manager of the company in 6, Xu Shihong pointed out that the new century was founded only 5 years, in the industry is still not operating scale than other listed banks, there is no rich dad's background resources, however, itself in the epitaxial structure and single chip white LED (self luminous component) and other technology products are patent competitive advantage, the future development will continue to have its own operating technology patents as the core, not with crystal electric in LED industry (2448) to fight capacity the scale, but hoping to LED solution providers as the core position, "continues in the LED industry MediaTek" efforts!

At the completion of pre IPO is increased after the operation, the new century equity has increased to 100 million yuan in 6.9, however, compared with the other listed banks still only equity, and Taigu was relatively similar to other peers to be small, but the profitability is significantly better than in the green LED market itself, the first three quarters of operating losses still the Taigu, at the same time the new century in the outdoor billboards on both sides of LED application market share has been ranked first in the industry, is the mainland indoor and outdoor full-color LED billboard main suppliers, also for other traffic signals in the deep market; the company said, due to the 08 Beijing Olympics before the full use of LED light source for lighting engineering the stimulus, is expected to be used effectively in the mainland market to accelerate LED pace, the new century will be the essence of the beneficiaries; in addition, the company in addition to LED in the green product competitiveness is better, in the double wave Long LED EPI wafer and grain and nano structure of light-emitting layer, pore structure of the buffer layer, with product innovation patent technology has also been considerable progress, is to speed up the internal high brightness blue LED at the same time, the pace of the layout of mobile phone, lock and NB panel 7 inch sprint Backlight Market business, related products have continue to send downstream manufacturers certification, is expected to 08 years of operations to inject new growth momentum.

The new century pointed out that the next ten years will be the LED industry gold for ten years, the new application of LED will continue to be developed, especially in the LCD backlight applications especially the growth of explosive force in the NB panel, the TFT panel factory with 07 years of planning with LED backlight product line, replace the development the trend of CCFL is quite clear, then, that the LCD TV brightness, the white backlight mainly to RGB three primary colors LED collocation and color mixing, proportion of green LED 2, blue and red LED 1, expected in TV backlight applications mature, optimistic about the green light a large number of LED demand will rise.

However, the industry pointed out that the industry has opened a green phosphor for white LED with new TV backlight application technology, the LED can significantly reduce the TV backlight materials import costs, overall, the current TV LED backlight solution development continues, with the back light application of RGGB sequencing also can not get the market widely recognized.

In addition, the new century chairman Chung lenient also believes that the company does not have the blessing of rich dad, actually is another advantage, it can make the new century in the sprint market operations and strategies to promote the process of cooperation, more flexible. It is understood that Samsung Electronics is currently one of the main sources of LED products in the new century.

Chairman of the new century special assistant Lin Yuezhi said that due to the single master degree is fairly clear, so with the South factory new production opened, expected November revenue will continue to rewrite the record high, look at the prospect of next year Q1 revenue, shipments continued to expand the amount of product in blue LED, expected quarter revenue will be considered off-season, while the overall equipment the massive amplification capacity, revenue will continue to leap growth (the company refers to the next business goal is not disclosed), but in the gross profit margin, gross profit 08 years due to relatively low proportion of product sales of blue LED will increase to 50%, the expected 08 year average gross margin will decline, but the absolute amount of profit growth not negative.

It is reported that the new century blue LED products have been mass production up to 1600mcd high brightness 1500mcd products, but the product of the present stage overall actual shipments to low order Blu ray applications, will enhance the company's 08 annual sales accounted for LED high brightness blue backlight, focus on the development of application will become the main market, at the same time 08 years later Q2 will cooperate with the customers to supply Power Chip (high power products), as GaN substrate specializing in lighting applications and non polar GaN substrate related technology products, plans to put into production in 2010.

The new century product sales structure, the green LED revenue accounted for about 60%, the remaining 40% were blue LED, with shipments of product styles, the grain size of LED accounted for 40% of revenue five, Lei chip products accounted for 50% of revenue is five, sales area is not concerned, Chinese tourist market accounted for about 60% of total revenue five, about the Taiwan market 20%, the late entry of Japan and Korea region has accounted for 10% of five of the proportion of revenues.

In the part of capacity planning, as of 07 years of Q3, the new century's total of 19 MOCVD equipment (currently has increased to 20 units), the company's internal estimates, to 08 years till the end of the year, the total production capacity will be gradually expanded to 25 units, then LED grain size will monthly output from the original 120KK doubled to 300KK level.