The continued growth in demand for lighting has driven the LED industry into a one-way uptrend channel in 2013. With the further restrictions on the use of incandescent lamps and the decline in the price of LED lighting products, LED lighting has ushered in the opportunity of rapid development. Recently, the average profit rate of leading chip manufacturers is almost full, among which the quaternary high-brightness LED utilization rate is 100%, and the blue LED utilization rate is over 90%. The production line will work overtime and work in the off-season. Now in 2009 and 2010. Based on the data of major manufacturers and research institutions, it is expected that the shipment scale of LED lighting will exceed 100%, and related companies are expected to receive more than expected revenue.
The industry's prosperity continued to turn warmer. This round of market conditions turned better at the end of last year. The LED enterprise revenue in Taiwan, China has always been an indicator of the prosperity of the LED industry. Although December is a low season in the traditional sense, the chip revenue in the LED industry chain increased by 59% in December last year, and the overall revenue of the package was 53. The revenues of major companies such as Everlight, Ronda and Jingdian appeared. A gratifying situation.
Among the large packaging companies, Everlight's December revenue was NT$2.26 billion, a year-on-year increase of 70%, while Longda Electronics benefited from the return of notebook computer orders, Korean mobile phone manufacturers' flash and TV backlight demand increase, December camp The revenue was NT$1.097 billion, down 5.84 compared with November, and the growth rate reached 55. In the chip makers, Jingdian's revenue in December reached NT$2.047 billion, a slight decrease of 1.36, a year-on-year increase of 78.8. Benefit from lighting. With orders for backlights, Everlight expects shipments in the first quarter of this year to continue to grow.
Leading manufacturer Jingdian admitted that the visibility of orders in the fourth quarter of last year and the first quarter of this year was much better than expected. The first four seasons of high-brightness LED epitaxial process of Jingdian was fully loaded, which was significantly better than the previous 60-70%. The blue LED production rate is also over 90%, and even the Chinese New Year will work overtime. The entire first season can maintain a full load, and the visibility of the economy is better than expected.
Judging from the recent technological developments, the advancement of LED lighting technology has further reduced production costs, which is expected to attract more ordinary consumers. It is understood that the current LED lighting products light source can already reach more than 200lm / w. At the same time, the price of market terminal lighting products has continued to decline. The products of companies such as OSRAM and Cree have been reduced to around US$10, while the price of energy-saving lamps of the same brand is about US$5. Considering the great difference in service life, The actual use cost of LED lamps is cheaper than ordinary energy-saving lamps.
Due to the lower price of LED chips, manufacturers that originally used display chips have also increased their investment in lighting. Huacan Optoelectronics said that the proportion of LED lighting chips revenue is gradually increasing; Silan Mingxin also said that the new production machine will also be used to produce lighting wafers.
Lamp manufacturers take the lead in benefiting from the division of LED industry chain, which mainly includes four major sectors: LED raw materials (MO source, luminescent materials, etc.), LED chips, LED packages and LED lamps. From the perspective of benefit, the first benefit is Downstream lighting manufacturers with channel advantages. Followed by the LED chip and packaging two links, with the growth of demand scale, capacity utilization has been rapidly increased, LED raw material prices have also been boosted.
From the perspective of functional division, it is mainly divided into LED lighting and LED backlighting, and the industry is more optimistic about the development of LED lighting. The recent situation of Ruifeng Optoelectronics also verified this judgment. The management of the company said that on the basis of stabilizing the LED LCD TV market, it has increased its efforts in the field of LED lighting and achieved corresponding growth in sales and profits.
According to analysts, from the perspective of growth, since the penetration of LED backlights in panels and smart terminals has exceeded 90, the future growth of backlight scale will mainly come from natural growth, and the growth of LED lighting will usher in permeability and nature. Davis doubled with growth.
In fact, the capacity utilization rate of manufacturers based on lighting chips is rapidly increasing. China's Dehao Runda's LED chip revenue in 2012 was only 35.5 million US dollars. In 2013, it has reached 56.5 million US dollars, growing more than 50%; Yuanrong Optoelectronics' revenue in 2013 is double growth; and Sanan Optoelectronics, Tongfang Optoelectronics and Hualei Optoelectronics have maintained a high level of capacity utilization. This high-speed growth is expected to continue in 2014. At present, international manufacturers have reached a consensus that LED lighting demand will enter an outbreak in 2014, and LED lighting will be fully rolled out.
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