Taiwan LED chip factory is actively expanding the LED lighting market in the new century. At present, the revenue share has exceeded 50%. In line with the third quarter of LED lighting, the market demand continues to look prosperous. The consolidated revenue in July was 368 million NT dollars (the same below). This year's new high, the monthly increase of 13.58%.
As the LED industry entered the traditional peak season from the second quarter, the combined revenue of the new century reached 977 million yuan, a 22% increase in the quarter. The legal person said that as the company raises the proportion of LED lighting, the company is still expected in the third quarter. With the peak season effect, it is estimated that the quarter's revenue is expected to increase by 10%.
The new century said that in view of the oversupply of LED chip market capacity, small and medium power chips have been unable to get out of the price of the Red Sea. The company has been moving towards a high-tech, high-margin market since last year, and considering that the penetration rate of LED TV is gradually saturated, and it is more active. The proportion of LED lighting is up to 5~60%, and it locks in the fields of commercial lighting and engineering lighting with high gross profit. The product projects are developing towards lighting solutions, which can provide different products such as chips and COB components.
Although the market is filled with uncertainty about whether the traditional peak season of the LED backlight market will continue in the third quarter, the new century said that from the perspective of the mainland-backed client contacted by the company, orders in July saw signs of recovery, but mainly Still benefiting from the strong growth of LED lighting demand, the third quarter is determined to have a stronger performance in the peak season.
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As the LED industry entered the traditional peak season from the second quarter, the combined revenue of the new century reached 977 million yuan, a 22% increase in the quarter. The legal person said that as the company raises the proportion of LED lighting, the company is still expected in the third quarter. With the peak season effect, it is estimated that the quarter's revenue is expected to increase by 10%.
The new century said that in view of the oversupply of LED chip market capacity, small and medium power chips have been unable to get out of the price of the Red Sea. The company has been moving towards a high-tech, high-margin market since last year, and considering that the penetration rate of LED TV is gradually saturated, and it is more active. The proportion of LED lighting is up to 5~60%, and it locks in the fields of commercial lighting and engineering lighting with high gross profit. The product projects are developing towards lighting solutions, which can provide different products such as chips and COB components.
Although the market is filled with uncertainty about whether the traditional peak season of the LED backlight market will continue in the third quarter, the new century said that from the perspective of the mainland-backed client contacted by the company, orders in July saw signs of recovery, but mainly Still benefiting from the strong growth of LED lighting demand, the third quarter is determined to have a stronger performance in the peak season.
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