Crystal power fights Yingyiguang power

Taiwan LED epitaxial faucet crystal and package leader Yiguang held a shareholder meeting at the same time yesterday. Due to the oversupply of the overall market, the price competition was fierce. Jingdian's net loss per share was 2.81 yuan and Yiguang's net profit per share was 4.27 yuan. Jingdian hopes to make more efforts this year to achieve the goal of turning losses into profit as soon as possible. Yiguang expands its LED production capacity and focuses on the European and American automotive market.

Billion Light earned 4.27 yuan per share

Faced with shareholders' doubts about last year's losses, Jing Bing Chairman Li Bingjie bluntly said that the supply and demand of the entire market has changed too fast. The situation of oversupply will not slow down this year. In 2015, the unit price of wafers fell by 4~50%, which is the main cause of loss in the operation of Jingdian.

Li Bingjie said that Jingdian has frozen 25% of its production capacity since the fourth quarter of last year. At present, it operates about 375 sets of machines. The utilization rate of blue light capacity has rebounded to 90%, and the capacity of red LEDs is still full. At present, the price has been flat, and the cost will continue to be strictly controlled in the future. I hope that in the second half of the year, I will have the opportunity to turn profit in a single season.

At present, Jingdian Electric is to strengthen the cost and technology, and continue to invest in new fields. In order to respond to the expansion of the lighting application market and the improvement of specifications, Jingdian has carried out new advanced process capacity and machine upgrades. Last year, capital expenditure was about 2.459 billion yuan. In order to meet new applications and new markets.

Everlight surrendered a net profit of 4.27 yuan per share after taxation last year, but faced the competitive pressure from Chinese players.

Ye Weifu, the chairman of Everlight, has not seen it easily. He said that all manufacturers encounter the red supply chain and the pressure is the same. How to face the competition of Chinese players and find their own niche point is the key.

Ye Qifu also affirmed the practice of reducing the output of crystal electricity. He believes that the production efficiency of the old machine is not good, and the production line has no economic value. Instead of doing more and more losses, it is better to stop production and reduce production. The coward also extended a warm hand to help, he said, this year will certainly increase the purchase of crystal wafers, must support Taiwanese manufacturers.

Resistance to red supply chain

As for the operation strategy of Everlight this year, Ye Haofu said that the new copper ware factory with an investment of 10 billion yuan will be mass-produced in the second half of this year, and the production capacity will increase by 20%. The production of optocouplers and components will focus on the European, American, Japanese and Korean automotive markets. Due to the long certification time of the car factory, but the gross profit margin is better, this year's car revenue accounted for about 5 to 6% of revenue. After next year, it will have a positive contribution to revenue, and there will be a double-digit growth next year.

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