New Century January revenue reduction of 18% February revenue is expected to grow

In the new century, LED epitaxial granules saw a revenue of only NT$183 million in January, a decrease of 18.17% from the previous month and a sharp decline of 46.66% compared with the same period last year. The company said that due to the influence of the Lunar New Year, the number of working days in January was small, resulting in a shipment of goods in the month until February, and the revenue in February will grow from January.

The new century said that the LED industry in the fourth quarter of last year was not ideal. The company's capacity utilization rate was only 60%. However, after the Lunar New Year, all product orders were warmed up. Among them, due to the influence of Japanese customers, large-size panel backlight orders were received. Taking the lead in growth, this year's Q1 capacity utilization rate is expected to rise month by month.

The new century pointed out that this year's new LED TV will be listed at the end of March, so it can be clearly observed that the panel backlight products have stabilized, but the company is still optimistic about the development potential of LED lighting in 2012, and continue to increase the proportion of revenue of this product. The Kunshan plant jointly established by the company and Kunshan City in the mainland will be officially introduced into mass production in the second quarter of this year, which will expand the layout of the mainland market. At present, LED lighting products account for about 30% of the revenue. After entering the peak season, the product The highest monthly revenue is expected to be 50%.

 

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