Ronda Q3 is the revenue increase, the cooperation with customers to develop Mini LED

Taiwan LED manufacturers lextar electronics in September this year due to continuous adjustment of product mix, lighting products for selective orders, resulting in a single month decline in revenue. But in the backlight support the traditional peak season, overall revenue in the third quarter compared with the previous quarter still Xiaozeng 4.6%. The product portfolio is still improving, estimated gross margin and profit is expected to further improve the industry. However, according to the previous season four will enter the off-season, the next may be back to the temperature after Lunar New year.

In order to improve the cost structure, the new plant is located in Anhui Chuzhou Lunda started early in the third quarter of this year. Is expected to be completed in the first half of 2018, and put into operation before the end of 2018. The future of the downstream lamp assembly and part of package fittings capacity will be moved to Anhui new factory, MOCVD equipment will be based in Suzhou factory and Taiwan factory in Hsinchu. The other area of Taiwan Hsinchu factory will remain part of package packing capacity, responsible for the production and development of new high order products.

As a new generation of Mini LED backlight technology, the company is also working with customers to develop the trade rumors, the first quarter of next year will be using Mini LED backlight design of the new LCD TV debut, the actual progress remains to be seen. But according to the existing production capacity and technical capability, if Mini LED RGB CSP backlight to the mainstream, such as Taiwan factory EPISTAR, Lunda should benefit.

Early Ronda has 7 into above revenue from the backlight products, then expand the development of lighting products, lighting products to enhance the proportion of revenues was 5 percent. LED lighting products increasingly fierce competition and prices continued to fall, the recent re adjustment of product mix.

The lighting lamp products continued to downstream development, and take the selective orders, improve product mix and maintain gross margin. Backlight decreased backlight backlight used in proportion to enhance the proportion of high color saturation, wide color gamut, high contrast, high resolution and high order 8K display, such as gaming screen, high order display, large size TV and so on, the high order backlight products accounted for the proportion reached 5% of the project.

After adjustment, the current lighting application proportion of revenues dropped to 35%, backlight applications up to 6, while a small amount of revenue from the UV and IR infrared and UV niche products. The first three quarters of this year total revenue of about 9 billion 340 million yuan (NT, the same below), although the year by 10.7%, but the first half of the average gross margin to 14.69%, compared with the same period last year increased by more than 6 percentage points, the industry turnaround.

In September this year revenue dropped to 990 million yuan, year, month minus 7.3% minus 20%, mainly by the lighting products continued to decline, and the company continued to maintain profits and selective orders caused by the backlight business remained stable. A third quarter revenue of about 31.6 billion yuan, is still 4%, but the season increases year by 8.6%. The estimation of season 3 is expected to maintain profit. With the advent of the traditional off-season, is expected to cool gradually in the fourth quarter, the next return temperature may after Lunar New year.

LED more information, please click on the LED network or the WeChat public account (cnledw2013).