LED market peak appeared in advance of the crystal to turn the surplus need to run

LED epitaxial wafer manufacturers EPISTAR chairman Li Bingjie said, LED demand has reached a peak in July, next month slowed, mainly in the first half of the LED lighting market is highly optimistic, repeated orders, "if there is no surprise, this year's peak has appeared earlier in the second quarter. "

And when shareholders worry canyuan profit

Crystal electric on Monday held a provisional shareholders meeting, by merging canyuan case. EPISTAR announced in June 31st to 1:3.448 exchange ratio, second foreign mergers and acquisitions of domestic Wafer Factory canyuan. In 2012 before the shareholders questioned, EPISTAR merger Guangjia, is still at a loss last year, this year also integrate canyuan, when to turn?

Li Bingjie pointed out that the LED market recovery this year, crystal electric machine itself has been unable to meet the customers, hence the merger canyuan demand. In accordance with the experience of the past wide GA, at least six months to a year of time to run, to send troops to improve the process. "From the beginning of the second quarter of the annual LED season, now m canyuan next year, the influx of orders, ready to. "Crystal electric said Guangjia has been in the first half of this year profit, profit 300 million yuan (NT, the same below, about 61 million 500 thousand yuan), the future canyuan profit time should be faster.

Demand is not as high as expected inventory

But Li Bingjie also admitted that the entire market for LED lighting is highly optimistic about the beginning of the year, resulting in repeated orders of customers, so that the supply chain inventory higher. In addition to the Taiwan factory, Chinese third, BDO, with production capacity is full, he threw out the market supply chain analysis, the amount of points, can not meet the demand of the terminal, is a problem.

From the lighting market, estimates of the research institutions at the beginning of this year's global LED lighting demand reached 10-15 million, "but now it seems only about 10-12 million, but most manufacturers have to prepare a high standard of 1 billion 500 million, led to the current supply chain inventory more lighting. "

Instead, it has become a mature backlight market is currently not a problem. Backlight market has been a single issue of Samsung, Li Bingjie said he did not hear. He pointed out that the biggest demand for LED backlight is still TV, every year in the third quarter by Wang to light, in the market expected. From Europe and America, LED TV in November to the shelves, to be on sale at the Thanksgiving discount, LED epitaxial front period of 3 months, shipments must be completed in August, so if the international companies in July 6, no single recovery, August revenue decline is normal. The mainland market because there is no shipping problems, the boom will be maintained a little longer, eleven long holiday orders also continued to 8-9 months.

Annual peak has occurred in the second quarter

The second quarter production plug crystal electric explosion, also turned to single canyuan, driven by revenue growth of 3 quarter to 8 billion 126 million yuan (about 1 billion 666 million yuan), gross margin ascribed to 21%, compared with the first quarter increased 6.2 percentage points. But in August the utilization rate has dropped to 9, Li Bingjie pointed out that the second quarter wafer supply, resulting in the third quarter trend slowed, annual peak early in the second quarter appeared.

For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).