Large-size TVs increase demand for LEDs to promote the development of Dongbei Q4

The LED industry has entered the traditional off-season. Due to the oversupply of die in the short-term, the prospects of the LED industry are unclear. However, for the downstream packaging plants, the shipment of 3C products is booming, and the purchasing opportunities of the mainland color TVs in the lunar calendar year are the same as that of the same period last year. "The market conditions are much better than in previous years." Dongbei estimates that this year's annual revenue is expected to increase by 30%, and next year's Lunar New Year, LED boom is expected to rejuvenate, lighting applications are more important this year.

In the third quarter, the company's share price plummeted by 20%, and most LED epitaxial plants are still difficult to get rid of losses in the case of revenue growth. Taking Dongbei as an example, the penetration rate of LED-backlit TVs continues to rise this year. The research institutes estimate that it should be more than 80% by the end of the year. The demand for direct-lit backlights has surged. Dongbei, which has already laid out direct-lit backlights, has revenue of 6.1 billion yuan in the first 10 months. The New Taiwan dollar has surpassed last year and it is estimated that the annual revenue will grow by about 30%.

Weng Congzhi, director of the Dongbei Finance Department, pointed out that for the packaging industry, the peak season seems to have deferred conditions, benefiting from the Japanese brand cost considerations, accelerating the order for the platform, and increasing the demand for LEDs for large-size TVs, will all be the fourth quarter. The driving force for development. The visibility of orders will continue until the end of this year. It is expected that the revenue of the next year will decline with the Lunar New Year holiday. After the Lunar New Year next year, the LED market will return to seasonal growth.

In addition, the demand for direct-lit LED-backlit TVs will increase again next year. The penetration rate of LED TVs will reach 90% next year, almost to the top. The impact of lighting applications on revenue growth will be more critical; the market estimates that Dongbei is in the mainland. At the time of lighting, lighting application revenue is expected to grow from 15% this year to 25-30% next year.

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