Taiwan LED packaging in the first quarter revenue fell 15%-20%

Is the traditional off-season, the Lunar New Year holiday, the environment and prosperity is still uncertain, Taiwan LED packaging manufacturers are expected January camp bound to 2-3 months is not ideal, because the current order visibility is still low, but also difficult to predict. Overall, the fastest monthly income in March to wait until there is a slight rebound in the opportunity. Not only for the first season of Lite conservative, including Bai Hong, Wang Qi, billion light professional LED packaging factory, preliminary estimates of the first quarter of 2009 compared with the previous quarter revenues will decline about 15%-20%.

At present, NB backlight, lighting (including outdoor billboards, street lamps, lights, landscape, environment, auxiliary, office, display, temperature and so on lighting) and other 3 applications, the most promising is expected to become the main revenue growth of LED industry in 2009. However, manufacturers believe that since January the Lunar New Year holidays to work days is too short, the number of working days in February had less, and now the visibility of orders that even 1-2 months are not, so in addition to the expected January revenue is certainly not good, are difficult to predict 2-3 months. But it is generally believed that the fastest possible March will see a significant improvement in revenue.

Billion light December 2008 revenue fell to 615 million yuan NT, the cumulative fourth quarter revenue of NT $2 billion 570 million, compared with the previous quarter, a decrease of 16.7%, compared with the same period in 2007, a decline of 11%. Due to financial losses and to evaluate listed investment losses, the industry estimated four billion light single season earnings dropped to 1 million yuan NT, single season earnings per share estimate of about NT $0.4 on the year 2008, the cumulative earnings per share of about 4 yuan nt. Due to the number of days of work in January, light billion in January revenue is expected to drop to 500 million yuan or so, the overall first quarter revenue is expected to decline in the previous quarter around 15%-20%.

Baihong December revenue dropped to 176 million yuan NT, the fourth quarter of single quarter revenue of about NT $774 million, minus 25% season. Because of the fourth quarter of the capacity utilization rate is greatly reduced, the gross margin also fell to about 15%, plus the listed inventory valuation losses, industry insiders estimate Pak hung in the fourth quarter of 2008 single season only in the profit and loss balance on small profit, single season earnings per share estimate of about 0.01-0.05 yuan between nt. 2008 full year earnings per share estimate of about 1.3 yuan. Baihong estimated January revenue unchanged at NT $170 million in revenue in the first quarter compared with the previous quarter estimate will reduce 15%-20%.

Hong Qi December revenue of about 123 million yuan NT, the fourth quarter revenue of NT $570 million, quarter minus 30%, an annual reduction of 31%. Because of the capacity utilization rate of less than 30%, gross margin fell to 13%-14% level, industry losses, coupled with the industry listed inventory loss amounted to 60 million yuan NT, Wang Qi in the fourth quarter corporate estimate single season per share after tax loss of NT $0.2, the year 2008 earnings per share of about NT $1.3 or so. Acer Qi expects January revenue should not be worse, and is expected to be flat in December, and even have the opportunity to pick up in February. Estimated first quarter revenue decreased by 15% over the previous quarter.