The off-season is not weak, Taiwan's LED package 1 quarter revenue challenge history high

Responsible for TV backlight and general lighting applications, LED factory is optimistic about the recovery of the past season's growth trajectory from March, it is expected to make the first season of 2011 not weak, some packaging plants expect, the first quarter revenue is expected to be compared to 2010 In the fourth quarter, the growth rate reached 10% or above, and even the opportunity to challenge the historical high, while the upstream epitaxial plant is more conservative. It is estimated that the first quarter revenue will be flat or slightly higher than the previous quarter.

Taiwan's LED packaging factory Hongqi benefited from the official shipment of Japanese LED TV SMD packaging products in January 2011, and the lighting orders returned to the warm, single-month revenue reached a new high, reaching NT$400 million, a monthly increase of 53%. With the expansion of Japanese customers' growth momentum, it is expected that the first quarter of 2011 will be expected to achieve a 10-15% increase in the quarter. The single-season revenue forecast is expected to exceed 1.1 billion yuan, and the opportunity will be challenged in the third quarter of 2010. The single-season record has a record high of 1.12 billion yuan.

Dongba, also from Taiwan's LED packaging factory, achieved revenue of 530 million yuan in January. Although the number of working days in February decreased, Dongbei said that it has prepared stocks in advance, and its performance is expected to be flat or slightly increasing. Driven by the heavy volume of LED TV shipments, there is a chance to return to the monthly high of 700 million yuan in 2010, which will boost the revenue of Dongbei single-season by 10-15%.

Industry packaging company leader Everlight's January revenue was 1.175 billion yuan, although it was down nearly 10% from the previous month, but March revenue will rebound sharply. Tablet PC backlight LEDs are also expected to be mass-produced in March-April. Shipment, market expectations, Yiguang's first quarter results will have the opportunity to challenge the performance of 10% increase in the quarter, which is equivalent to 12.4 billion yuan. As for Huaxing, it is expected that in the return of LED low-temperature light bar shipments and the new customer orders for LED lighting products, the single-season performance will increase by 15% quarter-on-quarter, equivalent to 400 million yuan.

In contrast, the upstream factory of LED is more conservative. The revenue of Taigu in January reached 205 million yuan, up 5.08% monthly. Due to the return of Korean factory orders, shipments will be released again in March, and the first quarter revenue will be estimated. The quarter increased by 5 to 10%, while the revenue in January was slightly rebounded, but it is expected that the revenue from February to March will grow month by month, breaking the practice of February as the bottom of the year, the overall season Revenue is expected to be comparable to the fourth quarter, estimated at about 1.1 billion yuan.

LED die leading factory in January was 1.388 billion yuan, affected by the traditional off-season, revenue growth did not grow as expected, down 3.5% monthly, is expected to be affected by the reduction in working days in February, with the Korean brand customer inventory At the end of the adjustment and the continuous increase in orders, the March revenue will resume the peak season. The market estimates that the first quarter revenue will be equal to or lower than 5% in the previous quarter, about 4.6 billion to 4.7 billion yuan.

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