Everlight strengthens its high-end layout and targets the invisible light and automotive markets

Everlight will hold a regular shareholder meeting on June 11. Chairman Ye Yinfu stated in the operating report that the LED industry has gradually reached a leveling state after the adjustment of supply and demand in the past few years, and unreasonable price competition has gradually disappeared. Industrial automation has driven the demand for robotic arms, collaborative robots and humanoid robots, boosting the growth momentum of optocoupler products. Optimistic about the long-term trend, Everlight will attack the invisible light and automotive markets such as high-end optical couplers and sensing components.

Everlight recently announced its first-quarter financial report. Despite the decrease in profits outside the industry, although the gross profit margin and operating profit rate remained high in the first quarter, the net profit after tax in the single quarter was 584 million yuan (NT$, the same below), a quarter-on-quarter decrease of 29.53%. With an annual decrease of 21.16%, the net profit after tax per share is 1.32 yuan, making it the profit-per-share king in the industry. Everlight will hold a regular shareholder meeting on June 11. The operating report revealed that Ye Yinfu is optimistic that LED prices will stabilize. , the industry view that invisible light products have momentum.

Ye Yinfu pointed out that the LED industry has gradually moved towards a stable state after the adjustment of supply and demand in the past few years. Unreasonable price competition in the industry has Gradually disappearing, looking forward to 2025, Everlight's overall development strategy will still focus on the invisible light and automotive fields.

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Ye Yinfu said that with the continuous advancement of AI and rising wages caused by inflation, industrial automation has gradually become a mainstream trend, further driving the demand for robotic arms, collaborative robots and humanoid robots. In addition, the development of renewable energy promoted by ESG has greatly promoted the demand for energy data processing, monitoring and control. As a result, industrial control servo, PLC (programmable logic controller) and photovoltaic inverter have gradually become the mainstream of market growth, further boosting the growth momentum of optocoupler products.

In addition, various wearable devices have already become mainstream products, but the newly launched lightweight head-mounted devices and smart glasses are expected to grow exponentially in the future, and the demand for sensing components is expected to continue to grow. In the invisible light component market, Everlight has long-term cooperation with leading manufacturers and has laid a good foundation. In the future, it will continue to develop mid-to-high-end optocouplers and sensing components based on market trends and customer needs, and promote the market with R&D quality and product quality.

In terms of automotive products, we will focus on the headlight market, which accounts for the largest amount of LED use in the entire vehicle. The research and development direction will focus on the headlights. The brightness of the lamp products is improved and the safety of road lighting is increased. In addition to the original reading lights, button lights and dashboard indicator lights, the interior lighting will continue to optimize the Smart LED intelligent atmosphere lights launched by Everlight to meet the needs of customers for various interior light sources.

As for automotive displays, Everlight’s Mini LED backlight modules for automotive display panels, which are leading the industry, began mass production and shipment last year and are expected to become standard equipment.