Industry boom continued to warm in 2014 LED lighting is expected to erupt

Sustained growth in demand for lighting driven LED industry in 2013 to enter the one-way upward channel. With further restrictions on the use of incandescent lamps and LED lighting product prices, LED lighting ushered in the rapid development of the opportunity. Recently, the major chip leading manufacturers average utilization rate is almost full, of which four yuan of high brightness LED utilization rate reached 100%, the blue LED utilization rate is above 90%, the production line will be overtime, overtime off-season scene, again in 2009, 2010 event. Combined with the data of major manufacturers and research institutions, is expected to ship the size of LED lighting will grow by more than 100%, the company is expected to receive more than expected earnings.

Industry boom continued warming

This round of market upturn clues appeared at the end of last year. China's Taiwan region LED business revenue, has always been an indicator of LED industry boom. Although December is the traditional sense of the off-season, but the chip in the LED industry revenue in December last year, an increase of 59%, the package 53% of total revenue, billion light, Lunda, crystal electric and other mainstream company revenue is a gratifying situation.

Packaging manufacturers, billion light in December revenues of NT $2 billion 260 million, an increase of up to 70%, and lextar electronics benefited from the notebook computer orders back to the temperature of the Korean mobile phone manufacturers and flash TV backlight demand, December revenue of NT $1 billion 97 million, compared to November fell 5.84% year-on-year growth rate reached 55%. Chip manufacturers, EPISTAR December revenue reached NT $2 billion 47 million, slightly down 1.36%, an increase of up to 78.8%. Benefit from lighting and backlight source orders, billion light company expects shipments in the 1 quarter of this year will continue to grow.

A leading manufacturer of crystal electric admitted that the fourth quarter of last year, the first quarter of this year the visibility of orders than expected a lot of good, crystal electric first quarter quaternion high brightness LED epitaxy process has been loaded, significantly better than in previous years 60 to 70% level, while the blue LED utilization rate is more than 90%, even the new year will also work overtime, the the first season can maintain full visibility of pomp, business was better than expected.

From the recent development trend of technology, LED lighting technology has made great progress in further reducing production costs, which is expected to attract more ordinary consumers. It is understood that the current LED lighting products light source efficiency has reached more than 200lm/w. At the same time, the terminal market of lighting products price has continued to decline, OSRAM, CREE and other companies products have been reduced to around $10, and the same brand of energy-saving lamp price is about $5, taking into account the great difference in the service life of the LED lamp, the actual use of cost ordinary energy-saving lamps cheaper.

Due to the lower price of LED chips, the original display chip based manufacturers have also increased investment in lighting. HC semitek said, LED lighting chip revenue proportion is gradually increasing; Silan azure also said that the new production machine will also be used for wafer production lighting.

Lighting manufacturers take the lead

From the division of LED industrial chain, including raw material LED (MO source, emitting materials), four plates of LED chip, LED package and LED lamps, benefit from the point of view, the first benefit is the downstream lamp manufacturer has channel advantage. Followed by the LED chip and packaging two links, along with the growth in the size of demand, capacity utilization has been rapidly improved, LED raw material prices have also been a certain boost.

From the functional point of view, mainly divided into LED lighting and LED backlight, the industry is more optimistic about the development of LED lighting. The current situation of Ruifeng photoelectric also verified this judgment. The company's management said that in the stability of the LED LCD TV market, based on the increase in the field of LED lighting efforts to achieve sales and profit growth.

Analysts said, from a growth perspective, because the permeability of LED backlight in the panel and the intelligent terminal has more than 90%, the future size of the backlight growth will mainly come from the natural growth, and the growth of LED lighting will usher in bring permeability and the natural growth of the "double click on Davies".

In fact, in order to promote the use of lighting chip manufacturers capacity is rapidly increasing. China Runda 2012 LED chip revenue of only $35 million 500 thousand, in 2013 reached $56 million 500 thousand, growth of more than 50%; harmony photoelectric 2013 revenue is a double growth; and three safety optoelectronics, Tongfang opto and Hua Lei photoelectric, capacity utilization rates are maintained at a high level. This rapid growth is expected in 2014 will continue. At present, the international manufacturers to reach a consensus, LED lighting demand in 2014 to enter the outbreak period, LED lighting will be in full swing.