Taiwan LED May: package stable crystal growth temperature

As the world's most important LED production, China's Taiwan region of the LED plant revenue is gradually entering the peak season, in general, is a steady upward trend, but the difference between the packaging plant and crystal factory is different.

Flexible packaging plant, looking forward to the season pulled

Now the 4 ~ May market demand for LED packaging is relatively smooth, so the overall May sales momentum is not strong, there are opportunities for June revenue will enter the traditional peak season and slowly pulled up, but the momentum improve mate still look forward to the third quarter of 08 is expected in the second quarter revenue rose packaging factory is about 5 ~ 10%.

Billion light June NB backlight start shipping: billion light, in April revenue of NT $945 million, in line with expectations. And in May, although the order of 1 billion yuan in hand, but due to the revised specifications of some customers, it is expected to remain in the revenue of NT $960 million. June NB backlight began shipping, and with the NB manufacturers began to ship, the estimated monthly shipments of 1KK, revenue will exceed 1 billion NT dollars, resulting in the overall revenue of the 08 quarter of the year will grow by 6.6%, up to NT $2 billion 930 million. While the gross margin, due to the high proportion of Christmas lights in the product line, will make the gross margin slightly declined to 28.6%, but because the crystal electric investment effect, and NB backlight higher gross margin of shipment, mobile phone backlight demand picked up, will be conducive to the light billion gross margin.

Baihong: Baihong lower than expected April revenue lower than expected April revenue, NT $323 million, lower than the previous industry estimates 3.8 to NT $390 million. Baihong product portfolio to SMD for 45%, Lamp and Display accounted for 25%, 28% decline in revenue from infrared, mainly in Lamp, display and infrared, is expected to Baihong May revenue could rise to 3.6 to 380 million yuan, 08 in the second quarter revenue growth of 15.6%, up to NT $1 billion 100 million, gross margin rose to 21.5%.

Donper profit will gradually improve: East Bay 08 in the second quarter profit will gradually improve, the first quarter revenues of NT $826 million yuan, gross margin due to depreciation and price decline, down to 12.3%; April revenues of NT $292 million yuan, the current market conditions observed in May and April close, forecast May revenue maintained at 2.9 to 295 million yuan NT, the estimated 08 in the second quarter revenue of 890 million yuan. Gross profit margin, will slightly rise to 13.5%. At present, the East Bay SMD production capacity of 100KK, infrared 60KK, the second half of the estimated demand expansion capacity of 30 to 50KK.

Crystal factory slowly warming, NB boost season kinetic energy

The second half of the first half of the overall LED industry due to the downstream application still belongs to the traditional off-season, so the strength of the demand varies. Look at the 7 inch backlight needs a continuation of the strong first quarter trend, mobile phone backlight part, although the mainland market from 3 to April to restocking demand, but some international mobile phone manufacturers demand is still relatively weak. But now the higher order applications such as power type chip with high brightness four yuan chip demand has started to rebound, so the overall LED market is slowly warming trend, but also because of this, the second quarter LED epitaxial plant revenue also slowly warming, with time to close in the third quarter, the application into the traditional at the same time as the NB season, the permeability increased significantly in the third quarter, the third quarter of the estimated 08 years LED epitaxial manufacturers sales momentum will be more significant, the overall market is worth looking forward to the season. On behalf of the crystal factory:

Crystal electric power chip and ultra-high brightness orders rose: crystal electricity in April revenue of NT $1 billion 55 million, better than the previous estimate of 9.8 to NT $1 billion, mainly in the form of a 7 inch backlight. Currently May orders have been saturated, the expected revenue of 1 billion 100 million yuan. The power type chip with high brightness orders continued to rise, although relatively large applications of mobile phone orders is still weak, but from 4 to May the overall sales momentum is better than expected, is expected in the second quarter of 08 EPISTAR revenues of NT $3 billion 230 million yuan. Gross profit margin, the product portfolio continued to improve, will rise to 24.5%. EPISTAR company said the outlook for the third quarter of downstream manufacturers optimistic, and research institutions are expected to be the mobile phone application of international orders but the quarter rebounded significantly, with the proportion of 1700mcd will be significantly pulled up, so the 08 in the third quarter of the gross margin and sales momentum will continue to improve.

Canyuan orders with 7 inch backlight: canyuan April revenues of NT $161 million yuan, in line with the industry previously expected. Now look at the May order visibility is not as good as in April, the main demand for orders is still 7 inches backlit. Because the mainland mobile phone backlight orders was not pulled, it is expected that canyuan May revenue will remain below 1.6 to NT $165 million. Canyuan 08 years is expected second quarter revenue growth of 22%, up to NT $507 million, gross margin because there is still a new machine into production, the yield was not stable, plus a quarter power type chip accounted for the higher factors, conservatively estimated gross profit rate is 27%.

The new century will continue to raise revenue: the new century April revenues of NT $123 million yuan, in line with estimates, since May will add two platform into production (21 units), revenue is expected to have the opportunity to continue to grow to 1.25 ~ 130 million yuan nt. The overall estimate of the second quarter of the new century revenues will grow from $367 million to $26% in the new century, the gross profit margin is conservatively estimated at 41%.

Source: Chinese semiconductor lighting network