LED industry revenue decline appears or will go out of the off-season next year


The LED group's November revenue was exhausted. The revenues of Jingdian, Yiguang, Yuyuan and Dongbei all declined in November. The decline in the monthly revenue was 23%, and the LED industry was declared to be in the off-season. The industry believes that the trend of cheap big TV is coming, and the demand for LED is rising. It is expected that after the Lunar New Year next year, this big TV trend will bring a little warmth to the LED market.
In November, its revenue was 331 million yuan (NTD, the same below), which was 23% lower than that in October. However, the revenue in November before the round of revenue was 4.342 billion yuan, which exceeded the level of last year. The operating status of this year can be said to be from The bottom of the valley is rising. Although the revenue in November reached the low level this year, through the cooperation with Sanan Optoelectronics, it has the opportunity to accept orders from China's BOE 8.5 factory. At the end of the year, the two factories will continue to expand production. The company is optimistic about the prospects for next year. .
Jingdian and Yiguang's November revenue also began to reflect the off-season effect. Jingdian's November revenue was 1.365 billion yuan, a 10% decrease from the previous month, but compared with the same month last year, it showed positive growth. Jingdian pointed out that the performance of December shipments is “better than the off-season”. It is worth noting that the large TV effect that is being fermented is estimated to be more than 10% of the LED chip demand area as long as the panel is more than 2 inches. Since this trend has just begun, the big TV effect may be more obvious next year.
Dongbei's consolidated revenue in November was 736 million yuan, down 15% from the previous month, mainly because the overall TV performance began to slow down after the European and American Thanksgiving Day promotion season, but there were many new machines listed in the fourth quarter of the tablet and notebook. European and American lighting shipments also increased by 20% from the previous month. The legal person estimates that Dongbei is benefiting from the resurgence of LED-backlit TV orders. This year's revenue is expected to increase by more than 30% compared with last year.
Dongbei said that the market demand for Japanese 10th generation TV panels has increased significantly in the near future. It is estimated that this 60-70-inch TV promotion has become a trend. Next year, large-size flat-priced TVs will enter the home, and the overall LED demand will increase. The order will increase in the fastest time after the Lunar New Year.
The LED industry has seen a decline in revenue in the near future. It also makes LED manufacturers look forward to next year's market. On the one hand, it can promote the development of the industry next year, and on the other hand, it is also a test for LED manufacturers.

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