Taiwan Q4 industrial air spring for fear of next year

Taiwan LED manufacturers generally have good performance in the third quarter, but the fourth quarter into the off-season, the cold wind blowing industry industry said, the fourth quarter looks very pale, plus a year later, the spring industry fear to be extended into next year 3 to April.

The upstream epitaxial crystal power plant in July forecast annual industry peak has passed, in August the business affected customers up to digest inventory, operating light, October revenue to 1 billion 917 million yuan (NT, the same below), fell below 2 billion yuan, month minus 15.47%, fourth consecutive months of decline, at the same time this year to second low season the effect of the first reaction.

But another one in the new century in the continuous decline in revenue for 4 consecutive months in October to see the end of the small back temperature, single month consolidated revenue of $268 million, an increase of $3.75%, not the new year is still reduced by up to 28.47%. Accumulated prior to October consolidated revenues of 3 billion 536 million yuan, an increase of 9.26%.

The recent LED industry murmur news, upstream chip factory inventory adjustment facing pressure, South Korea, Taiwan, Japan, the Chinese factory factory by bitter price competition, can break out of the Red Sea market new blue ocean market niche become key manufacturers.

According to LEDinside's latest report that the 2014 LED packaging market output value of $14 billion 600 million in 2015, a slight growth of $15 billion, an annual growth rate of only 3.2%.

LEDinside research associate Chu Chao said in the LED packaging industry market growth slowed efforts, and China mainland companies rise brought great pressure of competition for the market, is the most severe test of the LED industry in 2015.

However, the day before foreign capital began to shout into the bargain layout LED shares, Credit Suisse card pointed out that in the short term, including general lighting and backlighting orders has slowed momentum is still possible, fear of affecting LED supply chain revenue performance, especially in the upstream industry, but the terminal customer because of tight capacity, general lighting market demand remains steady growth two factors based on considerations, this is only a short-term inventory correction, rather than a demand problem.

Credit Suisse believes that when the general lighting and backlight products and other related applications launched, is expected to order kinetic energy from the beginning of the end of the first quarter of next year.

Class LED shares 27 in the crystal power LED, stocks fell almost The whole army was wiped out., ranging from 3% to 2%, stocks performed relatively weak market.

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