Enterprises to Accelerate The Pace of Expansion Integrated LED Package'Incomes And Increased Profits."

With the gradually released annual report , LED listed companies generally came out from 2012 , " income does not increase profits" dilemma in . Showing a revenue and net profit growth of double gratifying situation.

Upstream and downstream of epitaxial silicon as lighting, display intermediate application convergence, the most directly felt encapsulated stimulating effect downstream lighting needs , but also the biggest beneficiary.

"The most direct reason is that last year's good harvest package downstream lighting, display and backlight -than-expected growth in consumer electronics development . " Zhang standard LED Engineering Research Institute (GLII) research director , said that with the gradual increase domestic packaging companies and technology, the high cost of domestic devices has been recognized by the majority of enterprise applications , has occupied the Taiwan plant and a number of international plant of the market.

Pace overcharged " bucket 35 " of packaging companies have taken advantage of accelerated expansion, integration , extending downstream packaging plant more and more cross-border effect also was apparent in 2014 in the first quarter .

BOCI Securities researcher Li said, " 2014 will be the first LED lighting in the true sense of the industry chain , midstream will be subject to the downstream demand pull . "This fiery performance directly reflected in the annual results of listed companies in the package .

Reflected in the capital markets since the second half of last year, institutional investors, listed companies on the packaging field research began to frequent them .

Ping An Securities research report , LED 2014 will be a year-round throughout the plate , in the light of heavy volume , the background of rapid growth in demand , many companies will usher in margins and ROE of inflection . LED packaging company needs midstream mergers and acquisitions this year, and most of them have to refinance , because the profit base is generally not high , so the corresponding results for considerable flexibility , the possibility of a dark horse emerge relatively high .

Where last year 's leading packaging companies in the upstream and downstream enterprises took the lead stand up , contrarian growth , in addition to benefiting from rising demand for downstream applications market growth, packaging companies to increase their capacity to release , especially to increase the research and production of non- white device power lighting did not .

" Downstream from now larger than the bulb, lamp, panel lights , and other products are mainly applied domestic devices. " Bo , deputy general manager Wang Peng said photoelectric lion , which is undoubtedly the domestic devices is a significant market opportunity last year, many packaging companies are very tight supply white device .

On the other hand , domestic packaging companies with technological advances , product development strength, the quality of domestic devices significantly improve downstream applications manufacturers also more cost-effective homemade device to accept the past, Japanese and Korean companies were firmly in the packaging plants and Taiwan high-end device control some areas , but now they are domestic packaging companies into its supply chain.

" middle, occupying the majority of the domestic packaged devices in the domestic market , accounting for China 's imports of packaged devices quickly reduce the proportion of domestic components occupy the major domestic market share. " Dr. Engineering LEDCEO Xiaofei believe that there is a part of the domestic packaged devices have been exported to foreign countries, China began to move toward the global LED packaging .


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