LED lighting pull effect highlights the revenue of Taiwan LED enterprises in August

Since the subsidy policy for energy-saving lamps in 2008 will end this year, more subsidies will be implemented on LED in the future. It is now August. If the subsidy for LED downstream starts next year, the subsequent introduction of the LED subsidy policy should be a high probability event. The introduction of the follow-up policy plan will be accompanied by the stimulation of downstream demand, and the industry's prosperity is expected to be further improved. In August 2014, eight LED chip companies in Taiwan ( Yi Yuan, Ding Yuan, Guang Hong, Guang Lei, Hua Shang, Jing Dian, Taigu, New Century Optoelectronics)Total revenue 46. 0. 5 billion (New Taiwan dollar, the same below, RMB about 9. RMB 4. 8 billion), Up 19. 5, down 6 from the previous month. 74. 9 LED packaging companies ( Bai Hong, Dong Bei, Hong Qi, Hua Xing, Li Zhou, long da, Yi Quan, Yi Guang, Addison)Total revenue 70. 0. 2 billion (RMB is about 14. RMB 3. 2 billion), Up 18. 34, up 4. 82. 1-Cumulative chip revenue in August was 36. 5 billion (RMB is about 74. RMB 4. 4 billion), An increase of 25. 4. The cumulative revenue of the packaging end is 49 billion (RMB is about 99. RMB 9. 3 billion), An increase of 15. 7. The chip-side inventory adjustment factor fell from the previous month, and the packaging end hit a record high. In August, chip-side revenue fell by 6. 74, Jingdian said that the LEDTV backlight entered the seasonal adjustment effect, the order visibility is not high, the third quarter began to digest inventory pressure. However, the outlook for LED lighting is still optimistic. It is expected that the demand for LED bulbs will increase from 0. 5 billion last year to 1. 2 billion and will exceed 2 billion next year. In the short term, it is also necessary to observe the needs of the 11th holiday and the Christmas Day in December. The performance of the packaging end was brilliant, with revenue increasing 4. Month on month in August. 82 (Basically flat in last August) , A record high, the packaging end is closer to the downstream, the performance of the LED industry is currently better. Before August chip end revenue cumulative with than to 25. 4, the package side increased by 15. 7. With the increasing proportion of LED lighting in the industry, the rapid growth of LED lighting will have an increasingly obvious pulling effect on the industry, and the subsequent growth rate is expected to accelerate. Looking forward to the follow-up LED subsidy policy. Since the subsidy policy for energy-saving lamps in 2008 will end this year, more subsidies will be implemented on LED in the future. It is now August. If the subsidy for LED downstream starts next year, the subsequent introduction of the LED subsidy policy should be a high probability event. The introduction of the follow-up policy plan will be accompanied by the stimulation of downstream demand, and the industry's prosperity is expected to be further improved. It is expected that with the LED lighting volume in the third and fourth quarters, the pulling effect of LED lighting on the industry will become more and more obvious. The continued prosperity of the industry in the third quarter, which is better than the market expectation, will be a high probability event, and the LED subsidy policy that will be introduced will also be a catalyst. At the same time, the performance of mainland LED enterprises is also quite eye-catching. The trend of Liad's small-pitch led TV replacing DLP is established, and its civil indoor large TV is worth looking forward; Sunlight lighting relies on locking customers and continuously expanding to other customers, rapidly expanding the scale of LED, and has a stable profit level, which is the leader of LED lighting downstream; Hongli Optoelectronics will have a good development prospect in LED general lighting and automobile lighting in the next few years; The status of San'an Optronics's domestic chip leader is gradually established, which will benefit from the competition pattern of Evergrande; Alto electronics is a high-quality LED display company. After the growth of the small-pitch industry is determined, the company's strength will be promising in the small-pitch industry.