Edison said that the LED lighting market has not grown as expected this year. The main reason is that the current LED lighting terminal market is still immature, consumers are still price-oriented, and the mainland market continues to interfere with the “deficit orders†strategy. Therefore, market demand is still weak, resulting in revenue of only 564 million yuan in the third quarter (NTD, the same below), the season is reduced by 12.33%, the fourth quarter is still difficult to get rid of the market situation, it is estimated that the quarter will be The third quarter was flat.
Edison specializes in high-power LED packaging products, and they are all used in the field of lighting, accounting for about 90% of revenue. Among them, it includes PLCC package components, high-power package components, and the LDMS (Lighting Design Manufacturing Service) production mode that has been actively developed in recent years, while the remaining 10% are light sensing components and transmission components.
Edison said that due to the poor market sentiment, customers did not dare to place long orders, so orders are still based on urgent orders, order visibility is only within 1 month, and capacity utilization is only 70%, plus The price of the products continued to decline. In the third quarter, the peak season was not prosperous. It is estimated that this market chaos will continue for another quarter to half a year.
Edison specializes in high-power LED packaging products, and they are all used in the field of lighting, accounting for about 90% of revenue. Among them, it includes PLCC package components, high-power package components, and the LDMS (Lighting Design Manufacturing Service) production mode that has been actively developed in recent years, while the remaining 10% are light sensing components and transmission components.
Edison said that due to the poor market sentiment, customers did not dare to place long orders, so orders are still based on urgent orders, order visibility is only within 1 month, and capacity utilization is only 70%, plus The price of the products continued to decline. In the third quarter, the peak season was not prosperous. It is estimated that this market chaos will continue for another quarter to half a year.
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