LED and the whole plant industry price competition improvement

In addition to Taiwan from the LED grain plant shutdown, China LED chip factory also came one after another and the whole message, and Chinese actively promote domestic lighting project, the second quarter compared with the first quarter chip decline has slowed down, the third quarter decline is expected to shrink, including EPISTAR, canyuan, Lunda business is expected to benefit.

Xiamen light days ago announced the acquisition of 100% stake in Dongguan Lei Chau, Ma'anshan harmony photoelectric acquisition of Jiangxi Rui technology, with the LED chip industry gradually to the capital, plus 2009~2012 years China excessive expansion of MOCVD machine, according to statistics, in 2009 Chinese MOCVD station about 133 units, by the end of 2012 has come to 745 units, and capacity utilization the rate is less than 50%.

The improvement of industry price competition

Canyuan chairman Jane tomoto pointed out that as the industry matures, manufacturers and whole messages will continue to ferment. Legal person pointed out that before the official China because of strong subsidies, enabling manufacturers to expand production, but because the LED market is not good, so a lot of equipment capacity are not out, some manufacturers in order to cope with the official requirements, but does not require advanced production technology of the low order chip products, which results in the price plunged. The industry estimates, in 2014 China LED chip factory will accelerate integration, price competition situation of the industry is expected to more slowly.

The second quarter of crystal electricity

Crystal electric combined Guangjia at the end of last year, after six months of rectification, Guangjia single month of June has delivered two flat transcripts of profit and loss, the next opportunity to reach EPISTAR chairman Li Bingjie set a single season third quarter profit target. Corporate estimates, crystal electric second quarter one quarter gross margin is expected to rise to more than 16%, compared with the first quarter increased by about 10 percentage points; single quarter net income is also expected from NT $248 million yuan loss in the first quarter (below) to a profit of about 300 million yuan, a single quarter EPS (Earnings Per Share, net income per share about 0.32 yuan).