Yiguang Q2 capacity utilization rate increased to 80% of the proposed increase in salary

Taiwanese company Everlight is expected to maintain the trend of LED price cuts this year, with a two-digit drop in the whole year, which is expected to increase the penetration rate of LED lighting. The LED boom will pick up in the second quarter, and Everlight will cut into the direct-lit LED LCD TV supply chain to gain a competitive advantage.

In the fourth quarter of 2011, Everlight maintained its profitability of 0.27 yuan per share. The company’s first quarter of this year was a traditional off-season, and the single-season revenue was still as high as 3.745 billion yuan. The New Taiwan dollar was only slightly down by 5.57% from the previous quarter's NT$ 3.966 billion, but it was almost flat compared with the 3.738 billion NT dollars in the same period last year, a slight increase of 0.21%.

Yiguang said that the current capacity utilization rate is about 60~70% this year, but will further increase to 70~80% after the second season. The first season is the operating bottom of 2012, driven by backlight and lighting products. Next, the revenue will maintain a quarterly growth trend until the third quarter of this year, and enjoy watching the growth of the whole year.

The legal person believes that with the direct introduction of low-priced LED TVs, the sales situation is good. Yiguang can cut into the brand supply chain by not requiring the lens cover (Lens) 0.5 watt product specification, in addition to the lower overall cost, it can also Avoiding the patent problem of Lens, it is estimated that the product has a chance to cut into the mainland market in large quantities; in the lighting part, the company's own brand LED bulb has passed the stricter certification of Japanese customers, and will target mainland China and Western Europe in the next two seasons. The market is actively promoted.

Yiguang Chairman Ye Yufu said that the LED industry boom will grow quarter by quarter, and plans to raise salary, but the timetable has not been disclosed.

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