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LED companies have successively launched the first quarter of 2014 performance report. Compared with the previous season, the traditional off-season, the first quarter of 2014 LED revenue can be said to be low season. CREE's revenue in the first quarter increased by 16, and the sales of LED products in the first quarter of Philips increased by 37. Alto's net profit in the first quarter nearly doubled, showing that the LED industry has recovered.
From the perspective of Taiwanese manufacturers, the first quarter performance exceeded expectations, and the performance of downstream packaging plants was better than that of upstream chip factories. Among them, the first quarter gross profit margins of Yiguang, Dongbei and Jingdian rose, and the first quarter of Yiguang was better than last year. In the fourth quarter, Dongbei’s single-season profit is expected to hit a new high in eight seasons.
The first season is the off-season of the LED factory. This year, the best results have been achieved over the years. Jingdian and Yiguang worked overtime during the Spring Festival. The revenue of Crystal Power in March reached a new high. The financial report of the first quarter of the LED factory is expected to have Good performance.
At present, Yiguang is expected to be the profitable king in LED chip companies. In the first quarter of the year, Everlight's revenue was 6.227 billion yuan, a quarterly decrease of about 8 and an annual increase of more than 25; but the first quarter gross margin was better than 25.95 in the fourth quarter of last year, so the first quarter profit will be better than the fourth quarter of last year.
In response to this year's outlook, the major manufacturers are different from the conservative attitude of the past two years and have expressed optimism. Chairman of Everlight also said that LED penetration rate is rising rapidly. This year's profit should be better than last year. In the future, countries will benefit from the ban on incandescent bulbs, the price of products tends to be sweet in the market, and the global warming and other factors will detonate. The demand for LED lighting industry has sailed, and the industrial order has gradually returned to a steady state.