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Cree Taiwan LED group with incentive earnings

The United States reported in April 28th LED Cree LED of Taiwan Dachang earnings annunciation, ethnic xishangmeishao, Cree stocks ledlink March new high yield first camp after the operation is expected to rise from month to month, to the rate for the use of LED plant capacity, the visibility of orders are also stretched, optimistic in the LED lighting, LED lighting in Taiwan billion light year, is expected to break 10 million.

Led upstream chip manufacturers Cree 23 U.S. stock market closed after the release of last quarter earnings. A single quarter revenue increase of 23%, industry gross margin of 35.6% over the same period last year rose to 38.8%, net income of $0.34 per share, the annual growth rate as high as 70%, Cree this is the sixth consecutive quarter of revenue to pay a two digit annual growth report.

Cree is the indicator plant of global LED, CREE performance can be found in the trend of LED lighting is more and more obvious, Cree estimates that in the United States there are 5 billion lights may be replaced for more energy-efficient LED lighting, the future growth momentum is still very strong, since this year, Cree shares rose 69.78%.

Cree is a leading indicator of earnings, the LED industry in Taiwan, the Taiwan Cree stocks first two optical LED lighting - ledlink, its first quarter revenue will have two months to record highs in the first quarter, total revenue of 228 million yuan, the annual growth rate of 31.55%, the second quarter in Yangzhou factory a new production effect, can be seen strong growth in revenues in April.

LED group yesterday by Cree earnings incentives, driving the overall population increases, which soared Longda trading, billion light rose nearly 3%, the strong performance. Mainly in recent Ronda LED lighting has a breakthrough development, panel lights, lamps and other lextar to attack Japan, lighting products in Europe and the United States and the Asia Pacific market. Including the new lamp products have been shipped to the Japanese brand customers, China lighting components products demand is also increasing.

The active development of LED lighting own brand billion light, in Taiwan, the largest market share grab.

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