Under the influence of the clear inventory of the panel factory, the LED industry has slowed down its growth momentum from Q3. Although the gross profit margin of Jingdian (2448) Q3 is as high as 40%, the forecast for Q4 will slow down.
Recently, the company has released high-voltage (HV) LED chip products, and the luminous efficiency of cool white light can reach 162 lumens per watt. And grab the international lighting customer orders, in 2010, has signed a confidentiality agreement with the three major lighting factories including Philips, Osram and singularity. This breakthrough product will be shipped in Q2 2011, focusing on outdoor lighting. Fengjing Optoelectronics, a subsidiary of Toyota Synthetic Co., Ltd., will also join the operation and start shipping in Q2 2011. Currently, downstream packaging customers are discussing shipment time with Jingdian.
The legal person pointed out that Q4 crystal power still continues to increase the machine steadily, ahead of schedule for the 2011 peak season. The legal person expects that the revenue of crystal power in November will have a bottom, and Q4 revenue will be reduced by 5-10% in the quarter. Q1 2011 Revenue is expected to gradually pick up, Q2 is entering the industry boom quarter, the operating growth momentum is expected to significantly warm.
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