The LED terminal market is increasing rapidly
At the beginning, due to the immature technology, the luminous efficacy and lifespan of LEDs were not finalized. In addition, many traditional lighting manufacturers had not entered at that time. The demand for chips from downstream manufacturers was very small, so upstream chips and the entire LED industry were in a downturn. Industry insiders explained the previous experience of the industry in this way, because for traditional lighting manufacturers, the transformation of LED is after all left-handed and right-handed, so the time will be slower. But now traditional manufacturers have gradually realized this big trend, if you don't do it, others will do it.
The needs of the terminal market are particularly evident in the financial reports of upstream chip companies. The three quarterly report disclosed by Sanan Optoelectronics a few days ago showed that the company realized operating income of 3.478 billion yuan from January to September 2014, a year-on-year increase of 32.16%; net profit was 1.05 billion yuan, a year-on-year increase of 38.02%. The company said that the increase in operating income was mainly due to the company's further release of production capacity and increased sales.
HC Semitek, which is also an LED chip company, has even more amazing performance growth. In the first three quarters of this year, it achieved operating income of 520 million yuan, a year-on-year increase of 153%; realized a net profit of 74,824,600 yuan, a year-on-year increase of 738.85%.
