[newsletter] crystalline electricity revenue is flat, accumulating profitable period.

Crystalline electricity revenue flat performance, and actively enhance the proportion of four yuan LED products

Crystal electricity 18 this month carried out ex dividend transactions, the interest rate was 0.8 yuan (NT $, the same below), the second quarter revenue amounted to 5 billion 295 million yuan, quarter increased 2.81%, annual reduction 20.25%, revenue performance has not yet grown significantly, the blue light LED price war has not stopped, crystalline electricity actively enhance the proportion of four yuan LED products, the target is 40%, and the next year is expected to expand Mini LED shipments, crystal electricity is expected, Mini LED in 2020 is expected to account for Blu ray LED capacity of 3~4 capacity, is expected to reduce Blu ray LED impact.

Recently, panel factories and backlight module factories have been repeatedly asked about the progress of Mini LED products. Most of the mass production time points directly to 2019, which is also close to the prediction of crystal power.

In the first half of the year, it continued to be exposed in the haze of price war due to backlighting and lighting, and the effect of the off-season was obvious. Its performance was relatively dull, with a total revenue of 10 billion 440 million yuan in the first half of the year and an annual decrease of 15.6%.

Accumulating and attacking small spacing and vehicle LED market, profitable in the second half of the year.

Accumulated in June revenue of 273 million yuan, an annual increase of 24.2%, second quarter revenue 841 million yuan, an annual increase of 27.5%. Yesterday (24), the stock price reached a limit of 123.5 yuan. The first quarter benefited from the booming of niche products, driving EPS per share to 1.29 yuan, compared with 0.81 yuan in the same period last year.

In addition, accumulated in the second half of this year benefited from the demand for Tokyo Olympic Games to pull goods, driven by the small distance LED driven IC products shipped smoothly, together with the accumulation also successfully cut into the Samsung LED movie screen, and began shipping in the middle of this year. The legal person is optimistic and accumulates under the impetus of dual kinetic energy. The annual consolidated revenue will be expected to grow in double figures in the year to a new high.

Accumulating the status and technical advantages of the small spacing market, this year benefited from the gradual transfer of the international large plant to the vehicle, and the demand for the 48 channel LED drive IC was transferred to Taiwan plant. In terms of vehicle usage, there is a positive layout of the automotive LED lighting market. At present, the field of lock-in packaging is mainly supplied with daytime lamps, taillights and vehicle lighting, and has already started shipping. Now it is starting to rush ahead with the loading market, and will have the opportunity to enter the European and Japanese land vehicle market in the future and become a new pillar of profit source.

TI recently announced that TI will start shipping in the second half of the year with the digital light treatment (IC) headlights. The legal person is optimistic and accumulative.

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