Taiwan factory Edison's shipment doubled Q2 revenue is expected to increase by 20%

[High-tech LED News] Taiwan's Edison (3591) chairman Wu Jianrong pointed out that LED lighting prices have fallen sharply to accelerate the use of high-power LED lighting, it is estimated that this year's high-power LED lighting shipments will double compared with last year, in the company's continued Under the expansion of the Lighting Integrated Services Program (LDMS), Q2 revenue is expected to grow by 10% to 20% this year, while the Edison module will increase its revenue target by 30%.

Wu Jianrong pointed out that LED backlight demand weakened in the first half of the year, LED factories flooded into the lighting market, but LED backlight manufacturers cut in from the low-power market, coupled with the mainland manufacturers to join, so that LED lighting products prices have increased, the company's high-power LED lighting components As well as the average price of module Q1 fell by 10%, the estimated price will continue to decline, and it is expected to see 100 lumens / NTD (about 287lm / $) before the end of the year.

However, Wu Jianrong believes that the price of lighting has fallen sharply and stimulated market demand. Whether it is high-power or low-power LED lighting products, shipments have increased significantly. In order to achieve stable profit growth performance, Edison will continue to develop towards LDMS strategy. At present, the module products are sold to Europe and Middle East countries, and the gross profit margin is also better. It is estimated that LDMS will account for the overall revenue share this year. More than 30%.

Edison's 2010 full-year revenue was NT$3,027 million, and the earnings per share was 6.2 yuan. The shareholder meeting held recently had a resolution of 3.5 yuan for the cash dividend and 1.5 yuan for the stock dividend. The company's revenue for the first four months of 2011 was NT$910 million, a year-on-year increase of only 1.36%. In response to market demand, Edison also actively expanded production, which is expected to be completed in Q2, which will push Edison's performance growth.

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