China LED idle capacity in the second half of the development of the state variables

The global economy recently haze deepened, LED industry was possible busy season, to the LED group yesterday (16) day fell, EPISTAR, East Bay, Lunda, new century intraday limit hit. Since July, LED industry orders are still full, but China's LED idle capacity is still large, research institutions and foreign demand for the views are turning to prudent, LED the second half of the situation seems to be still variable.

June listed LED multi industry to produce good results, including EPISTAR, Everlight (2393), Lunda, East Bay (2499), canyuan (3061) the results are even 5 months of growth, the capacity utilization rate were full, the industry has surplus adjust product mix, market estimates, crystal second quarter gross margin at 22%, 500 million yuan single quarter profit, have the opportunity to close in the first quarter of the second quarter losses, canyuan also have the opportunity to profit, order visibility also see September. The industry said: "now there is no market condition and the end of June, I do not know why the price of a sudden turn for the worse. "

EPISTAR deputy general manager Zhang Shixian said, in July the capacity is still full, but some low power small size products, pull strength is a little weak, due to the low power of gross product is poor, high power product orders and shipments gap still exists, so there is still plenty of crystal electric adjustment of product combination, improve the high power products the proportion is positive for gross margin. Canyuan also pointed out that the backlight and lighting needs will be the third quarter than the second quarter, the performance of no repair signs.

Chinese LED industry previously generous purchase of MOCVD machine, see the recent market slightly stable, capacity gradually out, especially in the LED industry China Sanan optoelectronics is the most active, the industry refers to China low power LED epitaxial emergency City, is mainly about the entry of Taiwan Sanan optoelectronics packaging industry pointed out that the customers gradually improve three in the low power chip price, the current price is less than about Taiwan factory 10-20%. Authorities believe that the end of the second half of the market demand by the impact of the European debt crisis, is not optimistic, and even fear that the crisis is not busy season again. Foreign UBS Securities also observed, due to the high risk environment improved, the third quarter panel demand is weak, the joint impact of LED backlight applications, although the third quarter of this year than in 2011 is grim, but the overall LED group revenue in the second quarter compared with the same period last year is still negative growth, showing the LED recovery situation is slower than expected.