Demand light LED season is not prosperous

Panel backlighting demand is not good, the grain size of LED price pressures, resulting in epitaxial plant in July revenues declined generally, even from compulsory leave message. Estimated LED industry this season is not prosperous, revenue growth in the single digit fear. Crystal electric clarification pointed out that in August the single condition and in July, the capacity utilization rate fell to 70% to 80%.

Canyuan although the capacity utilization rate is still 80% to 90% level, but because of market pressure, resulting in revenue decline.

Affected by the LED backlight market demand is not as expected, the LED plant in July revenues generally decline, capacity utilization is also significantly reduced, the market is therefore outgoing crystal electric and other requirements of the staff to leave the factory news. In this regard, EPISTAR pointed out in a statement, because the industry is weak demand on the occasion, in addition to strengthen employee training and improve the process, please make good use of employees shall be given special leave employees labor law.

For the status of the industry, crystal electric market demand bluntly is certainly not good, especially the LCD TV, mobile devices and other consumer electronic products demand is weak, the main focus lies on consumer confidence recovery time. Crystal July revenue dropped to 1 billion 458 million yuan, a decrease of 15.7% compared to the previous month, August 7, crystal electric capacity utilization rate is also full level since the second quarter dropped to 70% to 80%, crystal electric said that the current market demand is still low visibility, August orders and orders in September July, is not clear.

Canyuan July revenue of 335 million yuan, compared with the previous month decline of 5.9%. Canyuan pointed out that the market demand appears to be flat, but because the brightness requirement of the market increase, the yield is affected, and the decline in value of the product of pressure, so the resulting decline in revenue.

Since August is the critical period of the second half of the season's performance, but until now, no increased demand, orders are still weak, plus from South Korea LED factory price competition, estimated third quarter LED revenue growth of Ji Zenglv may be only single digit. The next fourth quarters of the industry will enter the off-season, the market is expected to restart the camp LED sports industry, I am afraid we can only look forward to the new year.