The LED backlight market demand has declined since the end of last year. In the first quarter of this year, Taiwan's LED packaging factory continued its off-season performance. In addition, the Lunar New Year holiday and the February days were less affected. The first quarter revenue was more than the fourth quarter of last year. The recession, including Dongbei, Shunhong, Edison and other bearish performances in the first quarter, orders will not begin to warm up after the Lunar New Year, the monthly revenue has jumped significantly from March, but Yiguang benefited from the first quarter of this year. New TV brand and bidding orders are being noted. The revenue in this quarter is even expected to have an opportunity to grow upwards, showing a low season.
Wu Qinghui, chairman of Dongbei, once pointed out that in fact, the demand for stocking of TV, notebook and tablet computer products has slowed down since the end of last year, while the first quarter is still in the inventory adjustment period. Therefore, the first quarter of this year mainly relies on lighting products to support performance. Although there are new orders from the European and American customers about 500 million yuan, the revenue in this quarter has grown by more than 50% compared with the same period of last year, but it will still be about 30% lower than the fourth quarter of last year.
Qihong is the decline of all product lines, the company said that the first quarter of this year will still reflect the off-season effect, due to the upcoming Lunar New Year, the order status is relatively light, the current order visibility is only about 1 month, It is estimated that it will not wait until the Lunar New Year is over, and the monthly return will increase significantly from March.
Although Edison's operations are all LED lighting, the company pointed out that in addition to the Guangdong Yangzhou plant, the company also has a new North City Zhonghe plant, so it is affected by the Lunar New Year holiday of about 6 to 9 days, even if the company plans to adopt a shift system. Shipment, is preparing to step up the expansion of on-hand orders, but in the first quarter, it still does not deviate from the traditional off-season performance, the capacity utilization rate is only 65~70%, and the order visibility is about 1~1.5 months. The legal person estimates that Edison's first quarter revenue will fall 7~10% from the previous quarter.
Unlike other peers who are conservative about the outlook for the first quarter, Yiguang Chairman Ye Haofu continues to be optimistic that the performance of the first quarter of this year will be weak in the off-season. Even in the case of a small number of working days, there is still a chance for revenue in this quarter. Growth from the previous quarter (non-consolidated revenues reached 4.106 billion yuan). It is understood that the first quarter of Yiguang also benefited from the two kinetic energy of backlight and lighting, including the addition of mainland China brand TV market customers this year, starting from the first season, and the lighting has new Taiwan street lights. The standard case, in the first half of the year, has more than 50,000 shipments.
Wu Qinghui, chairman of Dongbei, once pointed out that in fact, the demand for stocking of TV, notebook and tablet computer products has slowed down since the end of last year, while the first quarter is still in the inventory adjustment period. Therefore, the first quarter of this year mainly relies on lighting products to support performance. Although there are new orders from the European and American customers about 500 million yuan, the revenue in this quarter has grown by more than 50% compared with the same period of last year, but it will still be about 30% lower than the fourth quarter of last year.
Qihong is the decline of all product lines, the company said that the first quarter of this year will still reflect the off-season effect, due to the upcoming Lunar New Year, the order status is relatively light, the current order visibility is only about 1 month, It is estimated that it will not wait until the Lunar New Year is over, and the monthly return will increase significantly from March.
Although Edison's operations are all LED lighting, the company pointed out that in addition to the Guangdong Yangzhou plant, the company also has a new North City Zhonghe plant, so it is affected by the Lunar New Year holiday of about 6 to 9 days, even if the company plans to adopt a shift system. Shipment, is preparing to step up the expansion of on-hand orders, but in the first quarter, it still does not deviate from the traditional off-season performance, the capacity utilization rate is only 65~70%, and the order visibility is about 1~1.5 months. The legal person estimates that Edison's first quarter revenue will fall 7~10% from the previous quarter.
Unlike other peers who are conservative about the outlook for the first quarter, Yiguang Chairman Ye Haofu continues to be optimistic that the performance of the first quarter of this year will be weak in the off-season. Even in the case of a small number of working days, there is still a chance for revenue in this quarter. Growth from the previous quarter (non-consolidated revenues reached 4.106 billion yuan). It is understood that the first quarter of Yiguang also benefited from the two kinetic energy of backlight and lighting, including the addition of mainland China brand TV market customers this year, starting from the first season, and the lighting has new Taiwan street lights. The standard case, in the first half of the year, has more than 50,000 shipments.
Automatic Coffee Maker,Coffee Pod Machines,Pod Coffee Makers,Instant Pod Coffee machine, Ground Coffee and Pod 2 in 1 machnie
FOSHAN FORTUNE ELECTRICAL APPLIANCE CO.,LTD , https://www.coffelady.com