Bottom rebound LED plant in the second quarter is expected to profitability

It is reported that the LED chip price is low, ready to turn upward, with backlight and lighting in large amounts, cross-strait capacity close to saturation, the LED plant in the second quarter profit will be significantly improved, and the index of factory EPISTAR canyuan photoelectricity, Edison is expected to be a turnaround in the second half performance better.

On the other hand, the LED bulb price fell sharply, to accelerate the application of LED lighting, the upstream LED epitaxial plant has production capacity phenomenon, LED industry from the second quarter into the season, and the third season will be better, with foreign LED shares Cree shares highs, attract foreign capital actively covering LED Taiwan stock index the last ten days to buy foreign super crystal electric 16454, buy ultra billion light 5408.

The fourth quarter of last year LED grain prices fell sharply in the first quarter of this year, the price is still low, the traditional industry off-season that the upstream LED epitaxial plant including EPISTAR, canyuan, new century, Taigu, China good all lose money, only the downstream packaging factory Everlight, infodisc, Huaxing and a few companies such as Ronda make money.

However, the second quarter will be the beginning of the majority of manufacturers to make money, Wu Qinghui, chairman of the board of the east to the end of the era of all of us lose money for the LED plant in the second quarter operating notes.

Wu Qinghui said, in the LED lighting part, TV penetration this year is higher, while in LED lighting, LED bulb over a NT NT $499 (the same below), now 200 yuan can buy a full week light bulb LED, let the consumer acceptance of price increases, the acceleration of LED lighting in vogue, the LED factory will substantially improve profit this year.

Wu Qinghui stressed that the second quarter of this year, the outside world will see LED factory profit a lot of progress, there are two main reasons, one is the LED grain price at the bottom level, and then down the space is limited, the second is the upstream LED epitaxial plant came to full capacity, which makes the industry order better. East first quarter EPS was $0.28, profit in the LED packaging plant after the second billion light, East photoelectric season revenue is expected to grow by more than the first quarter of 30%, the growth rate in the third quarter than in the second quarter grew by two to 30%.

EPISTAR deputy general manager and chief spokesman Zhang Shixian said that the May single crystal electric April, the second quarter gross margin is higher, EPISTAR will certainly make money, just make a number of problems.