LED industry's second season peak season effect continues


The peak season effect of the LED industry continued to flourish in the second quarter. Both the upstream epitaxial plant and the downstream packaging plant experienced a shortage of production capacity. The performance of many companies in May is expected to rise, including Yiguang (2393). The performance of Hongqi and Red Dick is expected to hit a new high in a single month.
In the second quarter of the LED industry, the lighting and backlight fields were in the same stage. The orders received by the factories continued to be prosperous. The revenue in May is expected to rise in full. In particular, the performance of the LED upstream epitaxial plant continues to improve, including the new century, the round, and the valley. Revenues have a chance to continue to rise, while the downstream is widely used due to the end market, and the revenue performance is equally bright.
Yiguang has improved in the whole line of products, coupled with the effect of purchasing European channel dealers last year, the legal person expects May revenue is expected to exceed 2.6 billion yuan, a record high for two months, and the second quarter after tax Net profit is expected to be above 1.2 yuan, and the season has grown by more than 20%.
Director of Everlight said that the current order status is not bad, and the situation in the third quarter is expected to be better than the second season.
Zhang Shixian, a spokesperson for LED Epistars, said that the demand for this wave is quite comprehensive, including backlighting, lighting, cars and billboards, and LEDs are very good from the fourth quarter of last year to the second quarter of this year. The phenomenon that the three consecutive seasons are very prosperous is rare in the past. In the second quarter, Jingdian has expanded its production capacity by 30%. Due to the reserve capacity of Crystal Power in April, the revenue in April surged to 2.51 billion yuan. Zhang Shixian pointed out that the orders in May were more prosperous, but whether the revenue was high, but also depends on the status of shipments and product mix.
As for Hongqi, revenue has hit a record high in March and April, and the subsidiary company Hongrui has received good orders, and the vehicle LEDs began to ship. The legal person estimates that Hongqi’s revenue in May will be Will continue to climb the peak.
Wang Qilong, chairman of Hongqi, said that Hongqi's capacity utilization rate was only 50% in January and February of this year, and the second quarter was full, so the profit will have a significant growth.
After the adjustment of the first quarter of the LED secondary optical lens factory, the company's revenue in April reached a new high. In May, the customer's shipments increased, and revenue and profit expectations are expected to rise.

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