Because of the Blu ray technology has yet to break through this year, the operation is expected to remain conservative

Legal person pointed out that due to China 07 years Q4 operating performance is not as expected, the rate of only 60% to 70% by five overall production capacity, so the revised down its 07 annual EPS forecast to by 0.66 yuan, net profit after tax annual reduction of about 40%; at the same time, although 08 years for the LED application demand continues to expand, China in the capacity expansion and improvement process, the estimated 08 years combined revenue will exceed 4 billion 100 million yuan, annual increase of nearly 10% in five, but because of China blue product technology development progress is still lower than expected, is not conducive to the competitive products gradually decline, so the estimate of its 08 annual EPS is only about 0.77 yuan.

China 07 years Q4 the end of the quarter due to interbank selling up to 3 thousand KK secondary goods prices disturbing factors, so that when the quarter consolidated revenue 878 million yuan, quarter by 10.3%, below market expectations, which in China LED business in December revenue, monthly revenue decline of about 30%, only 150 million yuan, in addition to the impact of years of chassis some factors, which mainly because the company did not follow the interbank clearing make secondary product sales strategy in the LD ventures Huaxin photoelectric, the overall supply is steady, pace is OEM and OBM sales accounted for about six to four, and about 30% of total revenue.

China currently has 19 MOCVD equipment, which has 2 Taiwan, the brightness can make a 1400mcd phone, the product that has been previously sent to the client authentication, but because of the part not meet the requirements of specifications still need improvement, so at the end of this month is expected to again send samples, if the subsequent progress, is the fastest in March to become customers, push on the key growth momentum sublimation operation new. It is understood that the current LED market demand for more than 1400mcd brightness products, is still tight supply stage, but in the 1400mcd brightness below the grain market is showing oversupply.

In addition, China has also entered the field of 35 semiconductor solar cells, the power generation efficiency of 32.5%, with the production value, so China is also ready to enter the production stage, has been sent to the client authentication, the potential customers include Taiwan and Japanese industry, but its initial production is estimated low, so this year the Chinese revenue contribution is very limited.

Legal person pointed out that due to the 35 family of GaAs solar cell prices higher than silicon wafer solar cell, so the future demand growth momentum, still need to continue to observe the conversion efficiency is also increased gradually, and effectively open the niche application market, and now the world development group 35 solar battery industry, only the United States Spectrolab, Emcorede, and Azur Sharp of Japan and germany.

Source: Lean news