LED first-line factory capacity utilization rate significantly improved

Light emitting diode (LED) Cree, Inc, an upstream grain manufacturer. By OppenheimerCo. The incentive to raise the investment rating from wait-and-see to buying has surged to a new high of more than two months. Barrno's. Com3 Daily Guide, Oppenheimer analyst AndrewUerkwitz believes that the LED lighting market is about to enter a moderate pricing environment, mainly due to the high capacity utilization rate of the first-line wafer industry, but the capital expenditure is cautious. He suggested that investors buy Cree because the stock is a company that can benefit from the popularity of LED lighting. Philadelphia semiconductor index component Cree3 heard the news on the 5th. 01, close 52. US $83, the highest increase among 30 constituent stocks and the highest close since April 22. Cree CEO ChuckSwoboda revealed on April 22 at the earnings conference call that as the industry enters the consolidation period, potential M & A targets may emerge in the next 24 months. Cree's last merger was in August 2011, when it was 5. $2. 5 billion for RuudLighting. As of March 30, 2014, the total amount of cash, equivalent cash and short-term investment in Cree's account reached 12. $0. 2 billion. NPDDisplaySearch pointed out on June 23 that 2014- Average compound annual growth rate of high-power LED shipments for street lamps, direct backlight, spotlights and other high-brightness application equipment during 2017 (CAGR)It is expected to reach 13; The demand for high-power LED is expected to increase from 18. 5 billion in 2014 to 27 billion in 2017. Street lamp applications are expected to account for of the total shipments of high-power LED this year, but the proportion is expected to rise to by 2017. Leading manufacturers of high-power LED include Philips Lumileds, Osram (OSRAM)And Kerui.