Taiwan LED factory business performance for the better, looking forward to the introduction of favorable policies

Environmental issues rising, companies began to invest in environmental protection industry, even the AUO chairman Li Kunyao also said that the light emitting diode (LED) will be the future direction of the group layout. NB backlight is about to enter a comprehensive LED, meaning that the LED industry will enter a period of rapid growth, the future expansion of the application field, support market sentiment, LED ethnic groups in the first quarter will be off-season not light.

The future of the new government, whether there will be to encourage environmental protection and energy oriented industrial policy, affecting the future development of the LED industry. The light guide plate with the yield increase, coupled with the rapid decline in the price of LED, cost and CCFL NB backlight applications closer to market expectations of LED backlight penetration will gradually rise, the end of this year, LED NB market penetration is expected up to 15% to 20%. The application of LED rapid expansion of small and medium size, more than this year growth of about NB, LCD backlight and TV are regarded as the market market, most explosive next but the various manufacturers expect the lighting market, the market opportunity is enormous, say LED future applications is one greater than.

To the basic point of view, the upstream epitaxial crystal factory in January revenue is better than expected, although the Spring Festival holiday in February affected, but because the customer orders positive, if the second half of the shipment smoothly, in February revenue is still better than in January. Estimated the current overall price pressure is not large, only belong to the off-season price adjustment, the estimated gross margin is still maintained at 30%, the first quarter of the first quarter of LED, if the conservative estimate fell by 15%, about $2 billion 480 million.

Billion light February revenue momentum is still strong, due to the smooth order, not affected by the Lunar New Year holiday, the production line as usual overtime, shipments, revenue is expected to fall from 800 million yuan to $900 million. The March LED backlight orders high visibility, plus March is always a billion light small season, the market is expected in March 2, will produce beautiful revenue performance, corporate estimated revenue in the first quarter than the fourth quarter of last year will be only a slight decline of 5%, is expected to exceed 2 billion 700 million yuan, the annual EPS will be 6.4 yuan strength.

Canyuan and Baihong also brisk performance of the recent share price. Canyuan because of the high brightness blue LED yield gradually rising, the main product has reached 1400mcd 1600mcd, due to strong market demand, the visibility of orders increased, estimated March revenue will grow more than 10% compared to January, a chance to hit a record high monthly.

As for the mobile phone, because Baihong customers with the new customer orders a backlight is expected this year, SMD LED revenue will grow more than 40%; the infrared products benefit from the application of the increase, coupled with manufacturers to single continuous fermentation, the expected product revenue will grow about 40%; LED street in the old and new customer orders growth, the expected revenue is expected to double.

Source: flat panel display