Taigu new product Q2 to expand the amount of supply fuel performance in 08 years

LED epitaxial manufacturer Taigu company said that since last October the industry has appeared a profit, but because the Q4 listed part of the stock market loss and continued losses, but the overall product sales expected in combination continued to turn good, new equipment gradually into production after the operation will gradually from the bottom, despite the recent revenue January may December slightly reduced, but optimistic since March revenue that is expected to officially break high level of 100 million yuan, the same period last year, is the biggest target operating profit of two flat revenue this quarter will be better than at the same time, and the total annual operating will strive to maintain stable profit state of each quarter.

Taigu pointed out that new products related to sideview 1500mcd Power and more than 70 lumens per watt chip, since Q2 is expected to supply volume at the same time, the new equipment will be completed before the end of the season in the Q2 machine, can bring good sales growth momentum for the second half of the year.

Taigu pointed to Q4 last year, the highest brightness blue LED production stable products owned by only about 1350mcd, the production strength has been significantly improved to 1500mcd, including 1600mcd and 1700mcd have started a small trial order for customers, including sideview 1500mcd of product orders has improved visibility, each other tile more than 70 lumens of high power Power chip products have been sent to the client authentication, the expected Q2 new products will import production quantities, and since Q3 has significant performance.

At present, Taigu blue LED with MOCVD equipment totaling 16 units, is expected this month to install 1 units, Q2 before the end of season will increase 3 this year, the cumulative blue LED machine will reach 20 units, four yuan in the LED part, there are 2 parts of equipment in the cast piece, this season will be installed 1, Q2 will be an additional 1 Taiwan, total four yuan this year, the LED equipment will increase to 4 units, in other words, this year LED total Taigu equipment total number will reach 24 taiwan.

Just Taigu sales structure, blue LED chip and grain accounted for about 60% of total revenue, the green LED accounting for 30%, for four yuan LED grain products accounted for 10%.

In addition, Taigu also said that the previous case to apply for private equity is expected to be completed this year Q2, if private funds could not be in place, is expected to handle cash capital increase during the Q3, the overall demand for funds of about 600 million yuan.

Legal person is estimated, Taigu launched new product price relatively better, will help improve the product portfolio, while optimistic about its annual revenue approaching this juvenile by 30%, while gross margin or at least defensive force between 25% and 30%.

Source: Lean news