As the LED backlight demand began to decline from the fourth quarter of last year, the LED industry entered the traditional off-season, and in the first quarter of this year, in addition to the market demand is still weak, there are also fewer working days, so most LED factories still have the first quarter revenue. Maintain low performance. However, from the performance of the orders, the industry said that after the Lunar New Year, the customers came to inquire about the number of orders, and some long-term orders began to appear, and the capacity utilization rate also climbed. After entering the industrial peak season in March, it is estimated. The capacity utilization rate is expected to reach 7~80%.
Although the LED backlight has entered the traditional off-season from the fourth quarter of last year, the LED lighting market demand is still strong, but the LED industry is still dominated by backlight products. In the case that the overall backlight market demand is still weak, LED lighting can only support LED factories. Revenue performance will not be too much compared with last season's decline, but if compared with the performance of the same period last year, the LED industry's warming trend can already see a clear trend.
Jingdian said that even though the first quarter of this year is still the traditional off-season of the LED industry, the demand for orders this year has increased much compared with the same period of last year, but the price of products from last year has fallen by more than 30%, resulting in total revenue from January to February. It was only 2.61 billion yuan, a small increase of 3.89%.
Packaging companies Yiguang and Dongbei benefit from the support of LED lighting products. Among them, Yiguang has its own brand "EVERLIGHT", street lamp marking and other lighting products, and the cumulative revenue from January to February this year reached 3.096 billion yuan. The annual growth rate reached 15.86%; Dongbei began to increase its demand for lighting in Europe and the United States. The combined revenue for the first two months reached 1.015 billion yuan, an increase of 57.55%.
Looking forward to March, the industry said that since the Lunar New Year and late February, customers have been seen to ask for more orders. In addition to LED lighting orders, the main LED backlight demand has gradually returned, optimistic about official entry in March. In the peak season of the LED industry, the visibility of orders has improved from less than one month to more than one month, and the capacity utilization rate is expected to climb to more than 7 to 80%. The revenue will also show a significant jump in the month.
Although the LED backlight has entered the traditional off-season from the fourth quarter of last year, the LED lighting market demand is still strong, but the LED industry is still dominated by backlight products. In the case that the overall backlight market demand is still weak, LED lighting can only support LED factories. Revenue performance will not be too much compared with last season's decline, but if compared with the performance of the same period last year, the LED industry's warming trend can already see a clear trend.
Jingdian said that even though the first quarter of this year is still the traditional off-season of the LED industry, the demand for orders this year has increased much compared with the same period of last year, but the price of products from last year has fallen by more than 30%, resulting in total revenue from January to February. It was only 2.61 billion yuan, a small increase of 3.89%.
Packaging companies Yiguang and Dongbei benefit from the support of LED lighting products. Among them, Yiguang has its own brand "EVERLIGHT", street lamp marking and other lighting products, and the cumulative revenue from January to February this year reached 3.096 billion yuan. The annual growth rate reached 15.86%; Dongbei began to increase its demand for lighting in Europe and the United States. The combined revenue for the first two months reached 1.015 billion yuan, an increase of 57.55%.
Looking forward to March, the industry said that since the Lunar New Year and late February, customers have been seen to ask for more orders. In addition to LED lighting orders, the main LED backlight demand has gradually returned, optimistic about official entry in March. In the peak season of the LED industry, the visibility of orders has improved from less than one month to more than one month, and the capacity utilization rate is expected to climb to more than 7 to 80%. The revenue will also show a significant jump in the month.
Guangzhou Ehang Electronic Co., Ltd. , https://www.ehangmobile.com