In the second half of the second half of the second half of the second half of the package is not busy season

The global market research firm TrendForce's green energy division LEDinside said that the first half of 2013, China listed LED manufacturers total revenue grew 24.26%, to $629 million 620 thousand, which listed on the LED Wafer Factory revenue of $274 million 10 thousand, has reached US $355 million 610 thousand LED application revenue growth Chinese listed firms. Although the first half of the chip price decline is larger, but due to the ability to continue to open, LED manufacturers to take low-cost incremental sales strategy, the overall sales grew by 15.42%. By the LED lighting market pull, Chinese MOCVD major manufacturers operating rate rose to a record high, which Elec-Tech Sanan optoelectronics and utilization rate reached 87% and 59% respectively.

LEDinside said it benefited from the first half of the lighting application market to pick up the domestic market and export channels to promote the overall layout of the backlight module and the supply chain localization, backlight packaging manufacturers profitable. The future price of the chip will continue to decline, the number of machines is too small LED epitaxial film manufacturers will face a more competitive environment.

Downstream demand did not benefit to chip manufacturers, chip margins are still declining

In the first half of 2013, the lighting market continued to heat up and the impact of the slowdown in the display, the Chinese LED chip manufacturers will gradually shift the focus of the product from the display chip to white chips. The first half of the LED lighting with an optoelectronic chip proportion has reached 70%; the first half Huacan photoelectric LED lighting chip shipments grew 289%, total shipments of more than 20%; Silan azure LED lighting chip total revenue of 30% in revenue in June, but turned to the white areas failed to ensure that enterprises improve profitability.

Silan azure and HC semitek half chip gross margin fell to the freezing point, -4.7% and 5.3% respectively. Taking into account the serious oversupply of Chinese mainland epitaxial wafer equipment, as well as local government policy support, LEDinside believes that before 2015, the upstream chip is still in a state of oversupply. In addition to technical and financial advantages of Sanan optoelectronics, and complete industrial chain integration, with the downstream sea BDO Runda, other enterprises will be in an awkward position.

Benefit from China's backlight module industry chain advantages, backlight manufacturers revenue growth significantly

And is still in production areas of excess wafer condition is different, China packaging factory nearly half a year to productivity is relatively insufficient, so that the first half of this year in the shortage of power devices in the LED lighting market situation. However, due to the short production cycle of packaging production line, if the second half of the LED lighting market is not as expected, the market supply and demand may fall into the decline.

Since the first half of the downstream market warming, lighting and backlighting packaging manufacturers have felt the warm market. Whether to run, 000 Hongli lighting device based, or to the backlight based poly fly, Ruifeng, revenue has increased significantly. Packaging manufacturers overall revenue grew by 32.05%, the overall net profit bottomed out, reaching $36 million 840 thousand, an increase of 5.68%. Display device manufacturers are not subject to the impact of the slowdown in demand for display applications, revenue is still growing, China Star optoelectronics, Lehman photoelectric SMD LED device revenue grew by 29.73% and -5.9%.

Second half of the big manufacturers of chip manufacturers, packaging manufacturers fear not busy season

The results of the first half of the backlight demand is not short off-season TV channel inventory increases, coupled with China energy-saving Huimin subsidies end packaging factory in the second half of the backlight revenue growth can hardly be optimistic, 7-8 month recession TV backlight shipments, new orders is much lower than in previous years. In addition, honglitronic allring technology such as lighting or display backlight packaging packaging enterprises coveted relatively huge profits, constantly through various efforts to actively enter the field of backlight, a threat to the original backlight manufacturers. Because of the consumer electronics industry to Chinese transfer trend is inevitable, how to grasp this trend, to speed up access to TV, notebook computer, tablet computer, mobile phone and other domestic brands of backlight industry chain, is a key enterprise to win back.

Lighting market, commercial lighting will continue to drive the LED to enhance penetration of LED lighting needs, and because the European market order gross margin slightly higher than the domestic market, so LED lighting products exports accounted for LED lighting manufacturers greater profitability better. Overall, LED lighting business to home lighting, coupled with the promotion of power LED penetration rate to accelerate the terminal price decline, China's LED lighting packaging and application output is expected to rise further.