Taiwan LED manufacturers in May revenue performance is still a weak quarter level

According to statistics, in May 2008 the Taiwan listed LED companies total revenue of 6 billion 95 million yuan, 6 billion 102 million yuan in April fell slightly, the annual growth rate of about 8.4%. LED chip factory in May, the total revenue of 2 billion 859 million yuan, an increase of $1.7% from the previous month, LED packaging manufacturers in May revenue of about $3 billion 235 million, down from last month by 1.6%.

On May Taiwan whole chip factory revenue, including forepi, upstream epitaxial Dingyuan, new century, Guangjia and Guang Lei rewrite the record high. Revenue growth momentum mainly from the opening of new capacity, but the growth rate has generally slowed down. Only gallium gallium revenue growth rate is still as high as 17.5%, while the wide spectrum of management will also be compared to last year's revenue of $08 last year as the goal of this year's growth of 50%. In addition, the leading manufacturers of crystal electric performance compared to April fell 4%, mainly due to small and medium sized customers to adjust inventory, while the demand for mobile phones is not apparent, visibility is not high.

Figure 1: May 2008 LED chip manufacturers revenue ranking

Unit: NT $(million)

Apr-08

May-08

MoM

YoY

Crystal electric Epistar

One thousand and fifty-five

One thousand and thirteen

-4.0%

6.9%

Opto Tech

Six hundred and forty-seven

Six hundred and sixty-five

2.7%

0.1%

Ding Yuan Tyntek

Two hundred and ninety

Three hundred and eleven

7.1%

22.9%

Wide gallium Huga

Two hundred

Two hundred and thirty-six

17.8%

85.7%

Can circle FOREPI

One hundred and sixty-one

One hundred and sixty-two

0.5%

35%

Hua Shang Arima OptoELectronic

One hundred and fifty

One hundred and sixty-two

7.6%

-50.2%

New century Genesis Photonics

One hundred and twenty-three

One hundred and twenty-seven

3.6%

47.3%

Taigu Tekcore

Eighty-nine

Ninety-two

3.5%

38.9%

Uni-Light Touchtek

Ninety-five

Ninety-two

-2.7%

113.2%

Total

Two thousand eight hundred and eleven

Two thousand eight hundred and fifty-nine

1.7%

As for the downstream part of the LED package, in May compared to a slight decline in overall revenue in April 1.6%, but the annual growth rate of growth of 8.1%. Downstream packaging macro Qi, East Bay, Huaxing and other manufacturers fell significantly. Billion light May revenue of 960 million yuan, the monthly growth rate of 1.6%. Billion light pointed out that in May the mobile phone needs of the poor, small and medium size backlight panel demand is also very common, the market heat is not as expected, mainly by Lamp and Display and other traditional LED product support, so in May revenue growth of 1.6% over performance. But now from the customer's orders, there will be more obvious improvement in July.

Figure 2: May 2008 LED packaging manufacturers revenue ranking

Unit: NT $(million)

8-Mar

8-Apr

MoM

YoY

Billion light Everlight

Nine hundred and forty-five

Nine hundred and sixty

1.6%

26%

Lite-On Lite

Nine hundred and twenty-eight

Nine hundred and twenty-four

-0.4%

9%

Baihong BRIGHT LED

Three hundred and twenty-three

Three hundred and thirty-three

3.3%

17.5%

Dong Bei Unity Opto

Two hundred and ninety-two

Two hundred and forty-eight

-15.1%

-6.2%

Hong Qi Harvatek

Two hundred and sixty-three

Two hundred and thirty-eight

-9.5%

-11.8%

Advanced electric Advanced Optoelectronic Technology Inc.

One hundred and seventy-nine

One hundred and eighty-eight

5.1%

-0.3%

AI Sen Edison Opto

Ninety-eight

One hundred

2%

13.3%

Li Chau TAIWAN OASIS

One hundred and two

Ninety-six

-5.5%

-25.9%

Huaxing Ledtech

One hundred

Eighty-seven

-13.3%

-19.0%

Camp UPEC

Sixty-three

Sixty-three

-0.5%

Total

Three thousand two hundred and ninety-one

Three thousand two hundred and thirty-six

-1.7%

Future outlook

Outlook 2008 in June, due to the semi annual report of the month, the downstream customers are generally reluctant to pull goods at this time, improve inventory levels. This also means that in June revenue growth compared to the limited space in May. But with the second half of the traditional mobile phone and consumer electronics season approaching, LED industry is still generally optimistic about Q3's booming market. Coupled with the second half of the LED NB backlight source shipments will have substantial growth, estimated to be able to provide LED NB backlight source of the leading manufacturers of revenue will have better performance in 2008.

Source: LEDinside