The penetration rate of LED bulbs in 2019 is about 50-60%

The annual penetration rate of LED bulbs is about ~%. In previous years, the demand for LED backlights started from month to month. This year, due to the adjustment of the supply chain of Korean TV manufacturers or changes in TV outsourcing strategies, the demand for LED backlights was delayed for months. In the past, Korean customers placed monthly orders. The LED factory started to ship in December. Due to the holiday in the Lunar New Year, the LED factory was under heavy shipping pressure. The start of demand for LED backlighting this year has been delayed for one month, and demand is expected to be seen at the beginning of the month. Although the demand for LED lighting is not bad, mainland manufacturers ** from chips, packaging to lamps and lanterns, one-stop production methods are price-leading, so although the number of LED bulbs has doubled, the output value has only increased by %. As for LED lighting, the demand has always been good, but mainland manufacturers have penetrated from chips, packages to lamps, and their one-stop production methods have the ability to dominate prices. This year, the demand for LED lighting will double, but the amount will only grow by %, which is a decline. Manufacturers cannot afford it and must respond technically. Jingdian will reduce the chip size by% to achieve the original brightness; it is estimated that in the regular market, lumen bulbs will fall from US dollars this year, and the price has approached energy-saving lamps. After Jingdian merged with Canyuan, the MOCVD machine was close to Taiwan. The production line of Canyuan had to be suspended due to the previous month’s change of structure. Jingdian Yue took over Canyuan. It is estimated that it will take ~ months for product line and process conversion. If the prosperity of the quarter is sufficient Strong, Yue Canyuan’s utilization rate will be able to break through%, but this year, Canyuan is not easy to make profits, but it has the opportunity to challenge the single-month loss. It is predicted that the number of global LED bulbs is ~100 million, which is a substantial increase from last year's ~100 million, and the estimated annual penetration rate is about ~%.