Taiwan LED output value declines, capital expenditure decreases

LED industry downturn, the first half of 2016 Taiwan LED plant capital expenditure significantly reduced by 30% over the same period last year, opto said that this will not be conducive to long-term operation of LED plant development. In addition, the LED industry is reducing its revenue decline and loss margin by reducing production, plant integration, and adjusting product lines, as well as developing high brightness four yuan products, invisible light UV/IR, vehicle and other niche strategies. The market situation of LED is still grim after two years ago. Judging from the operation of the first half of this year, the output of Taiwan LED wafer, grain, and packaging, modules and so on can not be avoided this year. The capital expenditure project of the long-term development index, compared to the first half of 2015, decreased by 30% in 2016, indicating that the whole industry is still in a doldrums. In the first half of this year, only large factories such as Jing Dian, Yi Guang, Guang Bao, Longda, Rong Chuang and so on had energy to invest in capital expenditure for new technology and equipment, and most of the other businesses had a sharp shrinkage. According to the statistics of Taiwan optoelectronics Federation, in the first half of this year, the output value of Taiwan LED Lei chip and grain industry was about 17 billion 200 million yuan (NT $12%), the decline was 12%, while the output value of package and module was 6% yuan, reaching 41 billion yuan. In the first half of 2016, the top ten LED wafer and grain manufacturers' revenue declined by 12%, the loss expanded from 47 million to NT $4 billion 287 million, and capital expenditure also decreased by 26%, with NT $1 billion 650 million. Leading plant crystal power has reduced the cumulative decline in revenue by reducing production, plant integration and adjusting product mix. However, it has lost 3 billion 540 million yuan in the first half of 2016. Only the four yuan products as the main body of Guang Lei and Ding Yuan pay profits. In the first half of 2016, the top ten LED packaging and module manufacturers had a total revenue of 5% in the top ten, with profits cut from NT $1 billion 80 million to NT $540 million, and capital expenditure decreased by 31% to NT $1 billion 360 million. Leading billion light revenue flat, net profit growth of 4%, the best performance.