Gradual release of LED lighting demand steady growth in revenue in April

LED chip package, weaker than the market index: April Taiwan LED chip index fell 7.62% in April, the LED package index fell 2.64% over the same period; Taiwan electronic component index rose 7.16%, Taiwan weighted index fell 2.9% from 7897.98.

Taiwan industrial chain in April the overall performance of better revenue. We track the 9 Taiwan LED chip companies in April total revenue of NT $4 billion 3 million, an increase of 11.76%. We track the 9 Taiwan LED packaging enterprises in April total revenue of NT $5 billion 625 million, an increase of 10.56%. April LED industry into the traditional season of backlight, Taiwan LED revenue growth mainly benefited from the start of the LED lighting demand and the trend of straight down LEDTV. Especially in Europe and the United States and the United States to replace the traditional LED lighting policy as well as the impact of the continued decline in the price of LED lighting to bring further demand for lighting.

Industry dynamics and review:

41 domestic LED companies targeting the standard optical component layout; warming in April LED lighting market competition, OSRAM product prices fell to 10 euros; Guangdong LED public lighting policy Accelerated outdoor lighting LED universal first army.

Industry investment strategy:

Thanks to the expansion of production capacity, LED prices, environmental considerations and government subsidies, the demand for LED lighting is rapidly rising. China's LED demand growth will be higher than other regions, government subsidies and planning in 12th Five-Year has driven the demand for LED street lamps.

Display Search believes that China's lighting demand in 2013 will be doubled in 2012, to the general lighting in 2014 will be more than the display backlight became the first application of LED. At present, LED backlight market demand is close to saturation, the lighting market growth trend, the next few years will have a good growth.

We are optimistic about the prospects for the development of LED lighting industry in the next few years, recommended Yankon, Jufei, honglitronic, Sanan optoelectronics.

Industry risk:

LED industry supply and demand imbalance or a longer period of time; LED lighting applications start point or lower than expected; domestic enterprises in the core technology, the core technology breakthrough or lag behind expectations.