Taiwan Han LED factory orders will be low, MOCVD equipment providers frustrated Aixtron

The German MOCVD equipment supplier Aixtron SE 25 released 2013 fourth quarter earnings: revenue reduction from 34% to 51 million 100 thousand euros; Ying Yi Industry (EBIT) from -1930 million euros to -1260 million euros; loss per share of 0.13 euros; equipment orders increased 5% year amount to 37 million 100 thousand euros.

Aixtron 2013 revenue decreased by 20% to EUR; EBIT increased from -1.323 billion euros to -9570 million euros; equipment orders increased by $1% to $133 million 200 thousand.

Aixtron pointed out that, Taiwan, South Korea LED chip manufacturer's capacity utilization although showed a sharp rise, but last year the demand for production equipment has been low. As of December 31, 2013 backlog of equipment orders amounted to 59 million 600 thousand euros, an annual reduction of 25%.

Aixtron said that due to the visibility of the order is very low, so it is unable to provide this year's revenue, earnings estimates. Aixtron expects revenue this year will be the same as last year, but the amount is expected to further reduce the amount of damage.

The Aixtron 25 fell 6.41% Tiaokong to close at $15.77, the highest since February 10th closing low. MOCVD equipment supplier Veeco Instruments sync lower, down 2.61%, to close at $39.58.