2011 first quarter LED packaging plant revenue is expected to grow 10% QoQ

According to Taiwan digitimes.com website reported, LED industry is affected by the TV backlight and general lighting market demand recovery and benefit, although there are seasonal factors unfavorable, LED manufacturers expected, the first quarter of 2011 will show good performance. Some LED packaging manufacturers are expected to be 10% or more of its revenue growth. However, chip makers remain cautious, only expected in the first quarter revenues remain unchanged or slightly increased.

Due to the growth in demand for Japanese customers, the first quarter of 2011, LED packaging manufacturers Acer Qi technology (Harvatek) revenue is expected to grow by 10%-15%, and more than 1 billion 100 million yuan NT dollars (about US $37 million 230 thousand).

As the East Technology (Unity Opto) is entering the LED backlight TV market, in March, the company's revenue reached 700 million yuan nt. Therefore, the company's first quarter revenue is expected to grow by 10%-15%. Due to the impact of fewer working days in February, the company has stockpiled inventories, and is expected to remain unchanged or slightly increased in the second month.

Billion Electronics (Everlight) revenue is expected to pick up in March, and will begin to provide a large amount of production of LED products in the tablet Backlight Market in 3-4 months. Market participants expect the first quarter revenue of $100 billion will grow by 10%, reaching about NT $4 billion 240 million.

Due to the recovery of the demand for low temperature LED lamp and LED lighting products new orders appear, Huaxing Electronics (Ledtech Electronics) in the first quarter revenue is expected to grow by 15% QoQ, and reached about NT $400 million.

On the contrary, LED chip manufacturers are more conservative. Because the customer orders are recovering from South Korea, Taigu photoelectric (Tekcore) is expected to first quarter revenue growth of 5%-10%. At the same time, canyuan photoelectric (Formosa Epitaxy) first quarter revenue unchanged, will be maintained at about 1 billion 100 million yuan nt.

Market participants expected, EPISTAR (Epistar) revenue will remain unchanged in the first quarter, or five percentage points year-on-year decline reached 46-47 billion nt. The chip maker in January revenue fell 3.5%, while in February revenue will also be affected by fewer working days. But with the gradual completion of Korean customer inventory adjustments, EPISTAR March revenue is expected to return to the peak level.