Next to a conservative interpretation of busy season off-season more light

By the prospect of conservative influence on the next boom, China's Taiwan region LED conductor I-Chiun estimates that originally appeared in the downstream customers at the end of the fourth quarter will be the season inventory control action could be even larger this year, the fourth quarter revenues will appear obvious cooling. However, due to the third quarter of exchange rate fluctuations in foreign exchange gains, is expected in the third quarter is expected to have 20 million yuan NT remittance income coming in.

Although the end of the year is the adjustment of the stock of downstream customers time, therefore the camp received the end usually cool, but I-Chiun believes that if the economic outlook for the coming year customer inventory reduction may be conservative, even more, it seems in the fourth quarter of this year's revenue is likely to occur in significant cooling.

Because the timing has entered the end of September, with a view to the third quarter of the season on cautious, I-Chiun industry estimates this year third quarter revenue of about 13-14 billion new Taiwan dollars, compared with the second quarter is equal to or less than 5%. As for the fourth quarter revenue is estimated to be close to the 10% decline.

The third quarter of this year, mediocre performance, mainly due to the Olympic Games after the outdoor advertising orders fell, with shipments in this year's Christmas lights ahead of the end of June, leading to a interpretation of the Lamp lead frame began to go down from the shipment after July, expected in the fourth quarter will continue to decline during the off-season, the price will fall 3~5%. Although the recent SMD lead frame by small and medium size backlight application back to temperature driven, demand is good, the expected revenue is also coming in the 9-10 month entered the peak, but then started to decline from November, the fourth quarter shipments are expected to decline 3%-4%. As for the LCD lampshade NB, due to the gradual penetration of the permeability of LED NB, and LED NB without shade, so the demand for LCD shade products are gradually shrinking.

Despite the downturn, an interpretation of the third quarter of this year is not busy season, the fourth season effects may even have signs of increased than in previous years. However, in profit, I-Chiun said, because the dollar exchange rate fluctuations caused by foreign exchange gains in August this year reached 18 million yuan, estimated in the third quarter of this year there will be 20 million yuan of foreign exchange income coming in.

Source: Lean news