Taiwan LED pick up pace

Data show that Taiwan electronics industry in April consolidated revenue fell by 4.45%, a decrease of $1.03%, a decline of more than in March narrowed by 2.34 percentage points, the industry trend is still warmer.

LED pick up pace. Leading plant crystal electricity revenue fell 10.78% in April, a decline since 2012 of January narrowed for the 3 consecutive month, warmer momentum significantly. It is reported that the current Taiwan LED chip and packaging manufacturers are gradually improving the utilization of capacity, some large manufacturers such as crystal electric, the new century and the new round of capital increase expansion plan. One is because of TV manufacturers shipments in 2012 situation is good, LED TV penetration rate increased, demand is driven by the main engine of backlight LED vendor revenue recovery, two is a 2012 incandescent disable plan into the implementation phase, with LED chip price decline has slowed down, LED lighting market is gradually recognized, demand has been restored, manufacturers actively to deal with the arrival of the second half of the season stocking in advance.

In addition, LCD industry is expected to rebound in prices, CMO, AUO LCD vendor revenue has begun to recover, many size panel prices out of a decline in the channel in the past two years, appeared to stabilize market rebound. Data show that the first quarter of the mainland TV panel procurement increased by 18% year on year, an increase of over market expectations. In 2012 smart TV, 3D TV will gradually drive replacement demand, mid year Olympic Games, the European Cup will also play a role in promoting sales of television, may be appropriate to focus on TV demand rebound brought LCD industry market bottomed.

Wafer manufacturing rally established. Taiwan's two largest wafer manufacturers TSMC, united in April revenue grew by 9.2% QoQ, respectively, by 11.4%. As the world's largest chip maker, TSMC 40 billion 500 million revenue in April hit a record high of new Taiwan dollars. With the advent of the second half of the electronics industry, the arrival of the new season, a variety of new products will be launched, thus contributing to the demand for chips, wafer manufacturing trend is expected to continue to pick up.