LED inventory goes smoothly

In March 2014, due to the recovery of working days and the adjustment of inventory of major roads, the revenue of LED manufacturers listed on the Taiwan market has generally risen. The total revenue in March increased by 24.1% to RMB 11.733 billion. Among them, LED chip makers in Taiwan had a revenue of NT$4.57 billion, a month-on-year increase of 20.9%, while LED packaging manufacturers in Taiwan also achieved NT$7.16 billion in revenue, a month-on-month growth of 26.2%. According to LEDinside, the Green Energy Division of TrendForce, a global market research organization, LED first-tier Taiwanese plant consolidated revenues generally showed a growth trend. Only Guanglei and Huaxing experienced a slight decline. The average order visibility in the second quarter has exceeded 1.5 months. The production rate of production lines has also been successively launched, plus the two TV and mobile phone backlight applications have pushed up the power, and the increase in the popularity of LED lighting products, LED oversupply phenomenon gradually eased.

Compared with the previous quarter, it was the traditional off-season. In the first quarter of 2014, LED revenue was not off-season, and the second quarter will enter the traditional LED season. LED manufacturers are optimistic. According to research assistant manager Guo Zhihao, LED lighting demand will enter a rapid growth stage under the impetus of product price drop and government policies. Currently, the demand for LED lamps and lanterns in emerging markets and China market is strong, but the Chinese market is under the low price competition of local LED manufacturers. , Taiwan LED manufacturers no longer have the advantage, have turned to the development of Indonesia and other emerging markets. As for the LED backlight part, as smart phones and tablet computers gradually entered the product maturity period, the LED specifications did not change much, and the growth rate of shipments gradually slowed; while the TV backlight was subject to the expiration and penetration rate of China's subsidy policy close to 100%. Impact, the path to go through two quarters of time to inventory, until January this year to restart the stock, but also led the first quarter LED backlight revenue.