Orders for LED lamp module grew significantly, and visibility of Lian Ka orders reached 2021.

Huang Fangyu, chairman and general manager of LED lighting components and module factory, said yesterday (16) that the order of LED lamp module of the company has grown significantly. At present, visibility has reached 2021, and will contribute to the growth momentum in the next few years.

Huang Fangyu, chairman and general manager of Lian Jia. (photo source: Taiwan economic daily)

In the first half of this year, Lian Jia made a net profit of 72 million yuan (NT $13 million), a loss of 13 million yuan in the same period last year, and EPS reached $0.46, which is close to the profit level of last year. The third quarter entered the traditional off-season of the car factory. But with the good performance of the North American car lights and LED lights, the combined revenue of 261 million yuan in July increased by 80.37%.

Huang Fangyu pointed out that the North American market accounted for 76% of the company's revenue last year, and the main customers were the world's leading light manufacturers. This year, the customer continued to grow in order to meet the demand for orders. This year, a new factory in Michigan, USA, will introduce automatic production lines and design departments. In addition to reducing transportation costs, the three largest car manufacturers in North America can enjoy the US tax reduction policy to further enhance their competitiveness.

Lian Jia currently accounts for 85% of its revenue from the use of headlights, including its headquarters in Taiwan, California and Michigan, Europe and Spain, and Dongguan, Shenzhen, Shanghai and Beijing in mainland China. Huang Fangyu also said that Future Ltd will continue to develop high technology level, high price LED headlights, and also optimistic about the digital trend of automotive dashboard, and will actively invest in the development of Mini LED with small spacing.

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