Taiwan LED chip and packaging plant in May revenue steady small increase

LED group in Taiwan area of our country stock prices into consolidation, especially short-term decline in deep, Baihong billion light. Mainly by the off-season, many small and medium-sized electronic consumer electronics products, real demand as expected, LED chip price trend established the negative impact, coupled with the industry long-term bullish factors previously reflected wave, in the short term, the industry was on the sidelines, even selling out. From the recent performance, due to the high order applications such as sideview demand order remains lackluster, but some manufacturers have continued to open new capacity, new orders expected shipments, including EPISTAR, canyuan, new century LED chip factory, and so, Baihong billion light LED packaging factory, May revenue will remain stable or roughly the last month a small increase.

EPISTAR April this year received 7 inch backlight orders, revenue performance was better than market expectations, although since May the high order sideview demand is still relatively weak, but because Powerchip and UHB order back to temperature, estimate the crystal May revenue is still expected to maintain 32-33 million NT level, monthly growth rate and annual growth rate in more than 20%.

Canyuan out of new capacity in April of this year, revenue has continued to rise in May, but also by sideview demand in the doldrums, canyuan is expected May revenue will only stabilize at 1.6-1.7 billion nt. The new century in May due to the addition of a new machine mass production, may push revenue increased to 125 million yuan or more.

Packaging, hundreds of millions of customers affected by the revised product specifications, is expected to maintain its May revenue of NT $9-10 billion. Following the April revenue for Lamp Baihong display and infrared products shipments fell, the performance is lower than the market expected, May shipments to adjust the product portfolio, revenue has rebounded slightly, estimated at about 3.3-3.5 million nt. The East Bay due to the day before the market said in May and April close, expected May revenue remained steady in the NT about 290 million yuan.

Yongfeng Securities pointed out that at present the whole LED industry because the downstream application is still in the traditional off-season, so the demand for the product is not a strength, especially the international mobile phone manufacturers sideview weak demand, pressure on the formation of LED manufacturers, but because of the high order special application of power chip and high brightness four yuan of demand has gradually rebounded, this LED will help manufacturers in May performance steady, or slightly warming. The third season of the traditional peak season is still worth looking forward to, and the long-term LED than the traditional light source with high efficient energy saving advantages, so even if the recent LED industry momentum is not strong, but still maintain the crystal power, canyuan, billion light investment rating to buy.

Source: Lean news