LED industry or accelerated shuffle concept stocks will rise

Philips Electronics of the Netherlands announced on June 30 that its LumiledsLEDS components division and the automotive lighting division merged to form a new company. The sales of the two businesses reached 1. 9 billion US dollars in 2013. On the same day, China's Taiwan LED chip leader Jingyuan Optoelectronics merged with Yuanyuan Optoelectronics through stock exchange, making the latter a subsidiary of Jingyuan Optoelectronics. Analysts pointed out that under the background of increasingly fierce competition in the LED industry, Giants frequently initiate industry integration, which will help bring many effects such as industry capacity improvement, production management and product integration, it is expected that the trend of accelerated integration of LED industry will gradually become obvious this year. Upstream concentration increased in June 30, after Philips announced the integration of its LED division, Philips and US Corey (Cree)The stock price rose 4 and 3 respectively. 4. Us media commented that Philips's move may lead to Philips merging its LED division with Corey, which will help to improve the concentration of the LED industry upstream. As an LED chip giant, Corey has shown strong profitability in the upstream of LED. The financial report shows that Corey's LED product revenue reached 8. 5% in 2013. 1. 5 billion US dollars, gross profit is 3. US $44. 6 billion, with a gross profit margin of 40; Its LED products mainly include LED lamp beads, chips and SIC materials. On the same day, China Taiwan Jingyuan Optoelectronics acquired Yuanyuan Optoelectronics through share conversion. Industry insiders said that this will help slow down the overall price reduction pressure in the LED chip market. LEDinside pointed out that the merger has greatly increased the installation capacity of MOCVD machines of Jingyuan optoelectronics to 436 units and the production capacity. LEDinside researchers pointed out that through this merger and acquisition, in terms of management, Jingyuan Optoelectronics will have more optimized economies of scale and bargaining power for upstream raw materials, which is conducive to strengthening the overall concentration of the upstream industry. In fact, the LED industry performed well in the second quarter of this year. Both upstream chip companies and downstream packaging companies are in short supply. The data shows that the operating income of many LED companies in Taiwan, China, showed an upward trend in May. In the middle of last month, LED manufacturers in Taiwan, China, successively released revenue data for May. Statistics show that the total revenue of LED manufacturers in Taiwan in May was 109. NT $6. 7 billion. Among them, 8 LED chip companies in Taiwan have a total revenue of 50. 0. 2 billion New Taiwan dollars, up 19. 6, up 7. 8; Nine LED packaging companies have a total revenue of 59. 4. 7 billion New Taiwan dollars, up 9. 4, an increase of 0. 15. The prosperity of the industry is expected to accelerate, and the industry generally expects that the LED market demand is expected to maintain rapid growth within three years. CITIC Securities research report believes that the LED industry's prosperity in the third quarter of this year will accelerate, and the industry's gross profit margin will increase again. The report pointed out that the event that pushed up the LED in the second half of the year was a new Apple product. Although the overall growth of Apple's industrial chain is challenged due to the peak penetration rate of smart phones, the event and structural opportunities it conveys are still worthy of attention, the successive release of Apple's iWatch and iPhone6 in the second half of this year will find opportunities for the future development of the industry. LEDinside's new market report on sapphire substrate in 2014 pointed out that iWatch's Sapphire watch cover will account for 60 million of the market demand for Sapphire in 2014. If the sales figure in 2015 reaches pieces estimated objectively by the market, 2015 will account for of sapphire consumption, while the total consumption of the overall sapphire substrate will more than double that of 2014. In addition, HIS consultancy expects that this year will be an optimistic year for China's LED market, with LED chip revenue increasing by 36. 5%. 6 to 14. US $7. 5 billion, packaged LED revenue will increase by 14. 8 to 48. $1. 2 billion. With the introduction of China's relevant policies on LED lighting, many export-oriented enterprises will start to switch to China's local market, and traditional lighting enterprises will also transform LED lighting.