The accumulation of Q1 growth over 10%, Mini LED display driver IC is expected in the three quarter.

Taiwan LED driver chip plant in the second half of last year, operating accumulation rise, the first quarter of this year to maintain the pace of shipments last year, more than 10% years of single quarter revenue growth, as customers continue to actively pull goods, this season is expected to continue operating the corporate good go yang.

The accumulation of revenue in the first quarter of 684 million yuan (Note: NT, the same below), the annual growth of 12.1%, the company said, the main growth kinetic energy is a large display driver IC shipments were better than expected, the original company optimistic about this year the mainland market shipments, but in addition, customer shipments expected outside the United States, South Korea's main shipping large indoor display customer pull the goods is better than expected, driven by revenue growth significantly.

Outlook for revenue this quarter, the accumulation of past pointed out that according to industry business cycle, second quarter revenue and profit will be better than the first quarter; legal assessment, have the opportunity to accumulate revenue this quarter quarter growth of about 10%.

Said the accumulation of gross margin performance, after the second quarter of last year, gross margin decline in the experience, for the current company standard and niche product shipments proportion of strict grasp, to this year's Q1 shipments proportion, niche products accounted for about three to 40%, the company estimates that the first quarter of this year, one quarter gross margin is expected to maintain in more than 29%.

The new product shipments, the company accumulated stressed that in driving the IC factory, relatively early layout development, small spacing products now, Mini LED display driver IC began in the third quarter of this year, should not be a problem, the initial expectations should be related to mobile phone customers, next year, Mini LED display driver IC shipments will increase significantly, the company is expected to become another revenue growth momentum.

Source: Taiwan Economic Daily

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