LED Manufacturers Set off Capacity Competition Once Again
In the first half of 2017, LED market gradually pick up, the domestic LED in the traditional lighting, display, automotive lighting and other applications, the permeability showed an increasing trend in the terminal demand for growing stimulation, LED manufacturers once again set off capacity competition.
LED market pick up demand continues to increase
From the end of 2016, some chips, packaging manufacturers that are facing insufficient capacity, product prices situation. LED production capacity through structural optimization, in the case of low-end capacity out, the supply and demand gap still exists. Securities agencies pointed out that the global LED application market average annual growth of more than 10%, small spacing, automotive lighting penetration rate, and further led the LED epitaxial wafers, chip demand growth.
LED industry boom in the first half of this year continued to rise. From the current published more than 30 LED listed companies in 2017 semi-annual results forecast shows that nearly Bacheng enterprises to achieve a net profit rose year on year, which Feile audio to achieve net profit of 55.6237 million yuan, an increase of 400%.
In addition, from part of the LED business in the first half of 2017 performance forecast content, LED market demand is indeed heating up, mainly in the LED upstream chip, lighting engineering, terminal market and other areas of demand growth, driven by these LED business sales revenue, In the first half of the majority of corporate net profit increased significantly
