LED chip factory Jingdian consolidated revenue of NT$1,866 million in September, down 5.4% from August and 3.23% year-on-year. Total consolidated revenue in the third quarter was affected by TV backlight inventory correction of 5.754 billion yuan, down 5.3%. , an increase of 1.43%, in line with the original company's expectations, with the fourth season into the traditional off-season, the fourth quarter of the crystal power will decline compared to the third quarter.
Jingdian pointed out that September's revenue was mainly affected by the decline in product shipments used in the TV backlight industry, resulting in a 5.4% decline in consolidated revenues compared to August. In terms of overall third-quarter performance, the correction of TV backlight inventory affected the original peak season effect, while Jingdian’s consolidated revenue in the third quarter reached 5.754 billion yuan, down 5.3% quarter-on-quarter and 1.43% year-on-year, in line with the original company’s forecast. .
Looking forward to the fourth quarter, Jingdian said that the TV backlight stocks in Europe and the United States have been shipped out. In contrast, lighting and some TV backlight orders for high-end models are in good demand, but overall, the first The four seasons are still the traditional off-season performance of the LED industry.
Dongbei's September revenue of 512 million yuan
LED packaging factory Dongbei consolidated revenue of NT$512 million in September, which was about 7% lower than August revenue. The third quarter revenue was NT$1.679 billion, a decrease of 16.45% from the second quarter of 2.01 billion yuan. Bei believes that the third quarter is affected by the adjustment of mainland TV customers' inventory. It is expected that the fourth quarter will benefit from the new wave of home appliance subsidies and sales in Europe and the United States. The fourth quarter's monthly revenue is expected to grow gradually.
Dongbei pointed out that the shipment performance in September and the overall third quarter was mainly affected by the adjustment of inventory by mainland TV customers. The overall TV backlight demand decreased in the third quarter; the shipments of touch backlights and lighting products showed steady growth. It is estimated that the 2013 annual revenue will fall to the bottom in advance. Since the fourth quarter, the monthly revenue is expected to grow month by month.
Looking forward to the performance of the fourth quarter, as mainland TV customers will get the next wave of home appliance subsidy projects, the traditional sales season in Europe and America before the end of the year, plus the Chinese Lunar New Year before the beginning of the year, have the opportunity to motivate customers to replenish stocks in the fourth quarter. Therefore, TV backlight demand should be able to resume growth.
In addition, Dongbei said that in terms of touch backlight products, new stylus and tablet products have been opened one after another, and orders can be added month by month before the end of the year; plus subsidies for energy-saving products in Europe and the United States and the ban on traditional incandescent lamps Cheng effect, lighting customers' orders will increase quarter by quarter, it is estimated that the fourth quarter lighting performance will continue to grow upwards, accounting for more than 25% of overall revenue.
Longda Electronics' revenue in September was 1.14 billion yuan
LED vertical integration plant Ronda's September 2013 revenue was NT$1.14 billion, down 7.9% from August and 13.1% from the same period last year. Total revenue for the third quarter was 3.69 billion yuan, down 3.87%.
Ronda said that as the TV application channel in the mainland market is still digesting inventory, the mobilization of TV shipments has slowed down, resulting in a decline in revenue in September. However, in the lighting application part, the new lighting component package product 3030 is sold to European first-line lighting brand customers and mainland customers, and is a new high-power component product for commercial lighting applications.
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