Paykan Turn Signal Switch,Universal Turn Signal Switch,Turn Signal Lever,Universal Turn Signal Kit Ruian Dazhong Auto Parts Co., LTD , https://www.radzautoparts.com
LED product demand continues to increase business revenue or rapid increase
Dongbei Optoelectronics consolidated revenue of 603 million yuan in June, down 7.52% from May. Dongbei said that as the LED industry has bottomed out in the second quarter, the LED industry is expected to resume growth in the third quarter as demand for backlights and lighting products increases month by month. In June, Dongbei was affected by the low-cost inventory of Philips, a European and American lighting manufacturer. The market continued to wait and see the atmosphere, resulting in a single-month consolidated revenue decline to 603 million yuan. The combined revenue for the first half of the year was 4.532 billion yuan, compared with the same period last year. Growth of 14.36%, but due to the second quarter revenue growth compared to the same period last year, in the better product mix, the gross margin will be better. Dongbei said that the demand for LED lighting in the second quarter was sluggish, but the short-term market disorder. The European and American manufacturers Philips sold the old inventory at a low price, and supported the promotion of the low-temperature bulbs of the semi-circular LEDs to close the retail of traditional energy-saving light bulbs (CFL). The price is provided to consumers. For the supply and demand and growth of the overall lighting market, Dongbei is optimistic about this. It is estimated that the order will be returned in the third quarter. Since the price of semi-circular LED bulbs is more competitive than traditional energy-saving bulbs (CFL), the average household can easily afford it. It is estimated that LED bulbs can further replace traditional lighting. Dongbei will also launch high in the third quarter. The new architecture products with cost-effective and more cost-competitive advantages are expected to have rapid growth performance in the second half of the year in response to rapid market changes. Dongbei pointed out that the global LED bulb penetration rate is only about 10% to 13% as of the beginning of this year. LED lighting has bottomed out in the second quarter. Looking forward to the third quarter, a new wave of product sales cycle will start from the second half. In the third quarter, in addition to the bulbs, there are new orders for other new products such as lamps and downlights. In the third quarter, LED backlight industry is expected to resume growth momentum after the demand for backlights and lighting products increases month by month. .