LED industry back to Wenjing, Dongbei, March revenue increased by 20%

LED manufacturers' performance in March was released one after another. Jingdian announced that its revenue in March was 1.436 billion NT dollars, with a monthly growth rate of over 20%. Dongbei announced that its consolidated revenue in March reached NT$420 million, and the monthly growth rate also reached 20%.

The monthly revenue of Jingdian showed a month-to-month increase in temperature. From less than 1 billion Taiwan dollars in January, it recovered to more than 1.4 billion Taiwan dollars in March. The accumulated revenue for the first quarter was 36.01. The NT$100 million is about the same as the fourth quarter of last year. Jingdian pointed out that the TV backlight business in the second quarter should grow faster than the first quarter; while the lighting business has not yet reached the peak season, although the second season will warm up, but the amount is still small, may still have to wait until the second half, Its growth will be more obvious.

According to Dongbei's assessment, the worst time has passed. The first quarter of the LED industry has officially returned to the spring. In the second quarter, with the new mass production of LED TV, flat panel and lighting customers, the revenue should be significantly increased.

Dongbei's first quarter combined revenue was NT$1.06 billion, a slight increase from last quarter's revenue. Although the first quarter results only slightly rebounded, Dongbei believes that, but the TV backlight product terminal inventory returned to a relatively safe level, coupled with the development of new models developed with customers, orders warmed, including Taiwan and mainland TV The replenishment orders of the brand factories are rising month by month; in addition, the orders for European and American lighting products are also stable.

Dongbei pointed out that in addition to the Korean brand new products from March, the LED TV will be replaced by CCFL. Other parts such as Taiwanese and land TV brands will be ready to launch new products in the second quarter. The demand for backlight strips is expected to increase significantly in the second quarter. Dongbei said that since the beginning of this year, the industry has seen a rebound from the bottom of the valley. The demand side is expanding month by month, and the visibility of orders has also improved. Looking forward to this year, it should be a year of recovery in the scale of LED output.

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