Poor performance of LED shares were adjusted MSCI

The deficit LED industry vicious competition single grab market share, Taiwan LED plant in the first 3 quarters of this year few gains, yesterday (15) announced on the Taiwan MSCI standard index, only LED crystal electric (2448). As for billion light (2393) has been included in the global small and medium cap. Survey estimates, next year LED pile up in excess of requirement pressure still, LED corporate profits more severe test.

LED lighting market in post war has started, Taiwan LED manufacturers in addition to facing Europe and the United States, Japan and South Korea, with a long way to rival the vertical integration of strong competition, land use deficit orders the opponent strategy to enter the market, also caused Taiwan LED factory profit threshold pad, the Taiwan LED stock market value since this year in addition to shrink dramatically, billion light by the Taiwan standard component shares included in the global small stocks, Baihong (3031), Wang Qi (6168), Dingyuan (2426) and other stocks this time since the global small cap index stocks removed, the new stocks list since November 30th after the date of closing.

Taiwan LED package leading billion light, through inventory management, cost reduction, no visible LED hold the third quarter of this year, the profit per share for the 3 quarter of the king, but the future of corporate profit growth is still a lack of confidence, resulting in billion light from Taiwan standard index were excluded, but still was inducted into the global small stock index index.

Billion in the first 3 quarters of this year to earn a profit of $1.3 per share, the company expects this year about 1.8 to $2 per share.