The terminal demand plunged LED industry began to go downhill?

Global mobile phone, PC and other electronic products sales suddenly slowed the trend, also related to the chip manufacturer; now the stock boom slowed down trend seems to have spread to the popular led market.

American LED giant Cree recently published its latest quarterly earnings, this Raymond James & Associates analyst Hans Mosesmann pointed out: "according to the Cree, from the field of general lighting continued strong demand, inventory level in the pathway also showed normal; however, LED TV demand weakened, plus the European market in the off-season to effect. The next season's performance goals impact. "

"The current situation is, LED backlight display market downturn, it suddenly showed only single season phenomenon, or is actually for several season? And more importantly, the application demand from general lighting market, whether can let Cree from the influence of display application market demand slows down?"

Mosesmann said the agency's view is that the government is Chinese provide cash subsidies, LED production equipment and Samsung (Samsung) TV backlight LED production has been close to the double impact of self-sufficient, LED backlit display market faces overproduction state number season. As in the general lighting market, although the application of LED and dynamic display field is obviously different, Mosesmann believes that the market in Asia (excluding Japan) has more than 60% share of the Cree, will also have a negative impact on the excess production of LED.

According to Cree recently released data, the company at the end of June 27th the 2010 financial year in the fourth quarter revenue reached a record $264 million 600 thousand, $148 million 100 thousand compared to the same quarter last year growth of 79%, growth of 13% over the previous quarter. Total of the company's 2010 fiscal year revenue reached $867 million 300 thousand, compared with $567 million 300 thousand in the previous fiscal year, an increase of $, GAAP net income increased by $402% to $152 million 300 thousand.

In addition to the LED market boom slowed phenomenon between Taiwan ODM factory sales and inventory also appear weak fears of rising; not long ago the Wall Street analysts downgraded to Intel (IntEL) 2010 revenue forecast, according to the news from Taiwan PC supply chain, since the end of July, PC terminal demand has fallen sharply. In addition, it is understood that the second quarter of the overall IC supply chain inventory levels rose by more than the first quarter of 10%, but also for the profits of the semiconductor industry and future revenue risk.