The new technology balances the overcapacity problem, and the crystal Q3 demand is expected to return to temperature

Li Bingjie, chairman of crystal electricity, said in a report to the shareholders that after the expansion of production capacity in the fourth quarter of last year, the problem of new overcapacity affects the balance of the LED market. It is expected that the third quarter of this year will be expected to return to temperature. The company will balance the capacity with new market technology, such as the mobile products of the Mini LED application or the laser application, to balance the capacity. The influence of the remaining.

Li Bingjie also said that the LED market still has the potential for potential development because of the importance of energy conservation and environmental protection around the world and the enhancement of luminous efficiency and miniaturization of LED. For example, the demand for LED high efficiency lamps and filament type LED bulbs is growing year by year. The penetration of LED in lighting and automobile applications continues to be raised. Up, LED plant lighting application has been gradually paid attention to and infrared (IR) LED in security, intelligent mobile phone sensing, Mini LED applied to various displays and so on. It is estimated that the grain output of crystal power is 562 billion 900 million in this year.

As for the promotion of VCSEL (vertical resonance laser laser) service, Li Bingjie pointed out that, in addition to the significant growth of the original VCSEL chip sales used for data transmission, it began to expand the application of VCSEL products this year.

Li Bingjie also said that from the second half of 2016, since the second half of the year, the global nitrogen LED supply and demand situation has been slightly improved, but last year, the fourth quarter of last year, the same industry expanded production capacity again this year, the competition turned fierce, although the operating environment is poor, crystal still does not give up the target of turning loss to profit, we will fully invest in reducing operating costs. In the year of 2017, the net combined operating income was reduced by about 1% compared with that of the 2016 year, but the net profit of the consolidated net profit was 2 billion 310 million yuan (NT $2 billion 310 million) in 2017, and the net profit after the merger was 1 billion 690 million yuan, not only to profit, but also to gain a substantial increase in profit and surpass the budget target.

Source: medium time electronic newspaper

For more information on LED, click on the LED network or pay attention to the WeChat public account (cnledw2013).