Passed a new subsidy policy in October LED is expected to be not off-season

After seeing the high point in the second quarter, the LED industry fell into a prosperous season in the third quarter. Looking forward to the fourth quarter, it is estimated that the performance difference among individual manufacturers is still large, and the industry generally expects the fourth quarter to have at least “support in the off-season”.

Although the fourth quarter is expected to appear in the off-season is not light, but the current demand is not too clear, the sales situation after the 11th holiday will be the focus of observation. In addition, the mainland's new subsidy policy has become the industry's biggest "expectations".

A new round of energy-saving subsidies will be announced in mainland China in October and will be implemented in January 2014. The subsidy projects will be limited to energy-efficient products. Official subsidies will be given directly to enterprises, not consumers. Leading home appliance companies will be the main beneficiaries. By.

Taiwan's light emitting diode (LED) industry was affected by the subsidy policy of China's energy saving and benefiting people (at the end of May). The demand for LED backlighting market was frozen. Operating performance began to weaken from June to July, resulting in a weak peak season in the third quarter. Only Everlight is thriving. In August, revenue was rewritten to record highs. Foreign investment estimates Yiguang’s revenue for the third quarter is expected to increase by about 10% quarter-on-quarter, creating a record high for the single-season quarter, which is relatively prominent in the stock market.

According to the statistics of the Taiwan Industrial Technology Research Institute (IEK) and ITIS industry, Taiwan's LED industry benefited from backlighting and lighting in the second quarter of this year. The overall output value reached NT 25.573 billion yuan, and the quarterly growth rate was as high as 26.1%, but it entered the third quarter with backlighting. The demand did not see peak season efficiency. The estimated total output value will be 4.9% lower than that of the second quarter, which is estimated to be 24.5 billion yuan.

Looking forward to the fourth quarter, the industry expects the TV backlighting at the end of the year to start pulling goods, but the demand is still unknown. The research institute LEDInside said that some TV plants have begun to replenish. The performance in the fourth quarter may be beyond expectation, showing that the off-season is not thin, at least compared with the decline in the off-season in previous years.

Faced with the market demand for backlighting, the demand for lighting applications has been significantly reduced. Taiwanese LED manufacturers have increased the proportion of lighting applications, increased the OEM orders for international manufacturers, or shipped to European and American distributors, to make up for the utilization rate of production, and in particular, the larger companies with silver bombs are more Can sustain the replacement of the old and new mainstream applications.

LED manufacturers to develop lighting market gradually one-stop layout, "Greater Evergrande" trend gradually shaping. In addition to investing in NVC Lighting, BDO Runda, a LED manufacturer in mainland China, established a joint venture with NVC Lighting to establish an LED packaging plant in Guangzhou. Sanan also cooperated with Sunshine.

It is still the most important key for the Taiwan Plant to have the best one-by-one distribution of Ronda. How the Taiwanese factory will accelerate its steps to strengthen its advantages and ensure its survival in the industrial floods is still the most important key.