[a week's review] the competition of LED big factory: release performance, purchase, Change

At the end of April, the major LED enterprises at home and abroad have been drying out the first quarter results, although most of the performance has been good, but also some enterprise performance encountered "Waterloo", each performance evaluation is like a big play, a lot of attention. In addition, the dynamics of this week's big factory attracted great attention from the industry, such as GE lighting formally entered the auction program; LG was transmitted to the ZKW of one of the top three major automotive lighting operators in the world; PHILPS lighting plans to close the Faure Leaf plant; NVC acquisition of LED lighting business. Take a look at the big events of the week.

[big caffeine]

GE lighting formally entered the auction program

According to LEDinside, the sale of GE lighting is about to enter the bidding process. This transaction will have the opportunity to sell GE's general lighting business, the CURRENT system and the smart lighting package. Some financial institutions may assess the value of their assets at about $6~8 billion. Of course, the number of years and the coverage of the GE brand will still be required to determine the final value.

LG acquisition of one of the top three automotive lighting companies in the world, the market for rush to attack vehicles

South Korean media Pulse, Investor reported that the foreign LG electronics took nearly two years to negotiate with the ZKW, and now the negotiation has finally entered the final stage. It is understood that LG has invested 1 trillion and 600 billion won (RMB 9 billion 376 million yuan) to buy ZKW; the other is the 1 trillion and 300 billion Korean won (RMB 7 billion 618 million yuan), whether it is 1 trillion and 600 billion or 1 trillion and 300 billion won, the highest acquisition amount in the history of LG electronics.

Committed to transformation, PHILPS lighting plans to close the Faure Leaf factory

According to foreign media Herald News, PHILPS lighting on Friday (20) announced that the third quarter of this year will close the factory in Faure Leaf (Fall River) Airport Road 631, southeastern Massachusetts, when 160 employees will lose their work, production will be transferred to PHILPS lighting Mexico (Monterey) workers. The factory, and the research and development will be transferred to Bos Brown, Canada (Boisbriand), all transfer work will be completed at the end of the first quarter of 2019.

Asia Japan's operation plan was published in 2020, and revenue was increased to 29 billion yuan in 2020

According to the Nikkei news report, LED Nichia Corporation, Japan's chemical industry (Corporation), published in its operation plan on the 23 day, said it would increase the sales of electric vehicles (EV) using lithium ion battery materials, expand China / European car use LED City, plus LD, Laser Diode used in projector light sources (LD, Laser Diode). The target is to increase the consolidated revenue to 500 billion yen (RMB 29 billion yuan) in 2020.

Micro LED super size application, LG Display has started research and development

In an interview recently, LG Display said in an interview that the company has begun to develop Micro LED, which will be more applicable to business scenarios. Since this year, Micro LED has become one of the key words for future display technology. In this regard, Yin Zhurong, director of the LG Display Institute, told reporters that the company has developed the technology in this technology, but the technology has a huge cost of research and development, and the requirements for cutting technology are also high.

Marlin marching into the automotive LED lighting field, which can be shipped in the first half of 2019

LED big factory wood Lin Sen marches into the automobile LED lighting field, will begin to expand from Taiwan China. According to the understanding, Taiwan wood Lin Sen will cooperate with the platform car light factory, early to cut into the rear lamp and the direction light after the market, the upstream suppliers have the opportunity to benefit.

China signed a strategic cooperation agreement with Nanchang and received multiple MOCVD procurement contracts

On the afternoon of 22, the vice mayor of Nanchang Yang Wenbin and the chairman of the medium micro semiconductor equipment (Shanghai) Co., Ltd. (hereinafter referred to as "middle micro") Yin Zhiyao, respectively, represented the Nanchang Municipal People's government and China micro Corporation, and signed the strategic cooperation framework agreement in the Yingbin Hotel in the former lake of Nanchang to develop together hand in hand.

China micro company also signed a total of more than two hundred MOCVD equipment sales contracts with mega semiconductor, dry photo optoelectronic, polyopto, de house, and sham Ming core.

NVC 900 million to buy LED lighting business, to speed up the transformation and business expansion

On the 25 day, NVC announced that the company entered into a legally binding agreement with Jadestone China High-technology Industry Investment Fund LP in April 25, 2018. The company intends to buy a 100% stake in Xun (Hongkong) Optoelectronic Technology Co., Ltd. with RMB 900 million yuan. It is reported that Yi Sun was founded in May 31, 2010. The main business involves the design, manufacture and sale of LED lighting products to the North American market.

To expand market share, OPPLE lighting downgrade standard lamps and lanterns prices

OPPLE lighting 2017 income structure: household lighting income accounts for about 40%; commercial products accounted for 20%; electrical products accounted for more than 20%, light source products accounted for less than 20%; 1Q18 company's active downregulation of standard products (such as standard ceiling light, commercial lamp, etc.) prices, resulting in a decline in the gross interest rate. The main purpose is to expand market share and combat cross-border competitors. The company has a stronger production capacity, and the cost end will be reduced in the future.

Crystalline electric tailor based products, and a full range of Mini / Micro LED products on display in August

On the 25 day, the crystal will take part in the lighting exhibition, first exhibiting the power components of gallium nitride process. In August, the crystal will display a full range of Mini LED and Micro LED products. The related products have a very clear Road Map, especially the Mini LED except in the cell phone, small spacing display and so on, very small size, small size, and small size. Inch like flat, NB and supervision

The visual apparatus and other dark tide, the brand big factory apple, Samsung and so on have entered the design stage, looking forward to the Mini LED instead of OLED.

Research and development of OLED car taillights, snatch market

Taiwan International Lighting Technology Exhibition "2018 Taiwan International Lighting Technology Exhibition" shows a number of new lighting applications, the most striking of which is the OLED taillight. The Institute has established a demonstration line in the hospital, encouraged the manufacturers to invest in production, and actively rob the niche market for lighting.

[performance evaluation]

CREE 2018 fiscal year third quarter results

On the 24 day, the LED Cree and Inc. (NASDAQ: CREE) in the United States disclosed the third quarter results of the fiscal year 2018 in March 25, 2018. The company achieved $356 million in revenue in the third quarter of fiscal 2018 (RMB 2 billion 244 million yuan), up 4% compared to the third quarter revenue of 342 million in the third quarter of fiscal 2017.

PHILPS lighting 1Q18 revenue of about 11 billion 500 million, a year-on-year decline

On the 26 day, global lighting leader PHILPS lighting announced the first quarter of 2018 performance. PHILPS lighting was 1 billion 500 million euros (about 11 billion 544 million yuan) in the first quarter, down 3.5% from year to year, and business profitability was 7%. Among them, the luminaire revenue is 370 million euros, the LED revenue is 444 million euros, the professional lighting revenue is 593 million euros, and the home lighting is 92 million euro.

The net profit increased by 191% over the same period. Ace's strong 1Q18 performance

On the 26 day, the world's leading semiconductor industry deposition equipment supplier, Ace (AIXTRON), announced the performance report of the first quarter of 2018 (1-3 months of 2018).

During the reporting period, AIXTRON realized revenue of 62 million 400 thousand euros (RMB 481 million yuan), up 16% from 53 million 600 thousand euros (RMB 413 million yuan) in the same period last year, with a net profit of 12 million 300 thousand euros (about RMB 94 million 818 thousand and 200), and an increase of 191% over the same period of -1350 million in the same period of last year.

45 LED companies 1Q18 performance: net profit growth of up to 385.12%

According to LEDinside incomplete statistics, as of 28, the mainland area has 45 LED enterprises in the first quarter of 2018 report, more than 60% enterprises to achieve performance growth, of which 5 net profit growth rate of over 100%, up to 385.12%, but also 3 enterprises reduced more than 100% year-on-year, the maximum range of -465.01%.

Longda's second quarter results are increasing, and the new plant production capacity is expected to be produced in this season.

In the first quarter of this year, Longda combined revenue of 2 billion 648 million yuan (NTD, the same below), the annual decrease of 15.6%. Although revenue fell last year, the gross interest rate was obviously growing, and the performance of the second quarter was increasing.

In the new technology, the Mini LED product of Longda is expected to be delivered in the second half of the year.

LED components and automotive lighting and other assistance, light treasure Q2 operation to see the increase

On the 27 day, the first quarter of this year was held and published in the first quarter of this year. The first quarter sales rate and net operating interest rate were 11.1% and 1.6% respectively, lower than 13.28% and 4.2% in the last quarter, 13.03% and 4% in the same period last year; net profit after tax was 1 billion 40 million yuan (NTD, the same below), the quarterly reduction 54.7%, the annual reduction 47.5%, and the net profit 0.45 yuan per share.

Looking forward to the second quarter, the overall operation performance is expected to continue to increase in the previous quarter, under the cloud computing, LED components and automotive lighting, AI smart home and game machines and other related products and market demand.

"Shang" and "professional lighting" as the main force, ray flute is expected to operate steadily this year

The two optical lens / semi-finished module factory ray flute optics has focused on the niche application lighting market in recent years, and continued to adjust the product portfolio and development of car light lens products. Although it is not as effective as the demand of the mainland, the revenue performance is flat, but the gross profit rate is still connected with the reduction of depreciation and the cost improvement. After two years of promotion, last year, the gross profit rate station was 43.7%, which set a new high for nearly 5 years. The initial estimate of this year's operation should be roughly stable.

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(LEDinside Janice)

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