LED off-season effect significantly starting in March will restart growth momentum

International companies have announced 2010 fourth quarter earnings, overall, off-season effect significantly; the research firm LEDinside said, after last year's transformation, LED plant began will restart growth momentum from March this year will be flourishing year.

LEDinside director Chu Chao said in the fourth quarter of last year by the impact of international LED backlight, manufacturers of last year's fourth quarter revenues generally declined more than 20%, mainly due to the TV backlight adjustment effect.

Outlook for the first quarter of this year, Chu Chao said in the current inventory still seems part of lighting must be adjusted, but the TV backlight demand has only steady rise, can see significant growth in March.

LEDinside said, the fourth quarter of last year, the upstream equipment manufacturers Veeco MOCVD equipment sales revenue hit a quarter high of $240 million, more than more than and 20 manufacturers of orders, mainly for lighting applications, China as the main market, including Shanghai blue.

In Chinese funding under the stimulation of LED manufacturers continued expansion; South Korea orders are expected in the second quarter of this year and the third quarter increase, concentrated in the backlight and lighting market in Europe and America; Japan Taiwan market is expected to increase K465i and MaxBright equipment orders, summary, Veeco optimistic about the first half of 2011 orders.

America LED epitaxial Dachang Cree last October to December revenue than expected, mainly affected by the downturn in Asia LED assembly pathway leads to sales, accounts receivable turnover days to 47 days, inventory turnover days increased to 96 days.

Outlook for the year 1 to March, Cree said the ongoing Asian customer inventory adjustments affect the estimated revenue in the first quarter to 245 million to $265 million.

European maker Philips last year 10 to December in the Asian LED lighting sales compared with the same quarter in 2009, more than 4 times more than 200 growth, benefiting from Chinese home lighting shop to provide a series of professional LED solutions, and India, the North American market growth is relatively for Western European market revenue decline.

Osram last year to 10 in December LED revenue increased 14% year, also benefit from Asia, Australia and emerging market growth. Korean manufacturers LGInnotekCo.2010 LED total sales of $789 million, mainly affected by LEDTV inventory adjustment and price cuts. In contrast, compared with 2009, Samsung motor (SEMCO) LED sector revenue grew more than doubled, about $1 billion 142 million.

Seoul semiconductor (SeoulSemi) by LEDTV inventory adjustment and off-season effect, last year the fourth quarter revenue quarter by 20% to $198 million, but the end of the fourth quarter rebound, estimated 2011 revenue of $1 billion 203 million, the annual increase of 61%, is still the main TV backlight and general lighting applications.

By Japan Eco-point subsidy system extended, SharpLED TV demand surge, this year plans to launch 60-70 inch large size TV, attacking the North American market opportunities.