From 2014, the United States will ban the sale of incandescent bulbs above 40 watts

by:ALLTOP      2020-01-09
For LED giant Kerui, 2014 will be a wonderful year. JonathanDorsheimer, an analyst at CanaccordGenuity, pointed out to investors in a written report on Thursday that the United States will ban the sale of incandescent bulbs above 40 watts from January 1, 2014, and we believe that the implementation process of this measure will accelerate. This is good news for Cree. Dorsheimer also mentioned the $10 LED bulb lamps introduced by Cree earlier this year. These bulbs are made by the Durham factory and made by Home Depot (HomeDepot)Sales have also benefited a lot from recent subsidies. The pricing environment is still challenging but relatively stable, Dorsheimer pointed out. There is little room for profit improvement in the short term, but due to the rising tide of LED replacement and CAPEX with strict chip level, 2014 is expected-There will be a good supply and demand trend in the 15th year. Dorsheimer expects Cree to show good top-line growth in 2014, further improving operating leverage and profit growth, and maintaining the stock rating of purchases.
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