Internet of things coming, LED applications flourishing, including car sensing, intelligent family, infrared sensors, and even sterilization applications, are gradually began to ferment. Coupled with the original general lighting and lighting market demand, led the Department of LED upstream and downstream leading crystal power, billion light in March back to the heat back. Looking ahead, the industry believes that although the fundamentals improved, but the mainland manufacturers are still expanding production and supply and demand in the second half will be variables.
Crystal Power March revenue hit a new 11-month high, April new orders are high blue light, will help improve product mix. Another quarter of revenue from the infrared and automotive products with high proportion, are conducive to improving profitability, expected Q1 gross margin will be better than the previous quarter of 18%.
LED applications continue to introduce new, including iris identification, VR / AR dynamic sensing, mobile phone near-domain sensing, security control, etc., are driving demand back to temperature. Jing Jie, general manager of crystal, said that such new applications accounted for a smaller proportion of revenue, crystal power is too large, significantly improved business depends on the recovery of commercial specifications products. Fortunately, the current demand for TV and lighting is impressive, crystal power production capacity has been full of blue, and even the supply gap of 3 into; lighting prices are still signs of the second quarter of good performance.
Packaging Dagang billion light in March revenue is better than 1, 2 months, but the first quarter by the traditional off-season and exchange rate effects, performance by 3%. At present, the largest backlight and lighting products accounted for about 2% of revenue and 3 percent, the other including the car, a small distance screen, invisible light is a high margin, total revenue accounted for 5%. Small pitch screen due to increasing popularity, the demand for stable growth this year; car LED has a new plant gong to join the performance increase this year up to 2 percent. Invisible light also beneficiaries networking, shipping continued to grow.
Vertical consolidation plant Ronda March revenue increased by nearly 3 percent, mainly from the first two months of the deferred effect. In the commercial specifications of the backlight and lighting market, Ronda has long been committed to differentiate, has launched a lot of winning products, this year continued deep plowing, next month debut of the United States LFI lighting exhibition, will show fresh food lights, Lighting market. Automotive market, Ronda recently also introduced the new LED headlamps, packaging modules, and laser headlights concept.