Huacan Optoelectronics held an analyst meeting recently. At the meeting, Chairman Yu Xinhua said that the LED industry as a whole maintains a good business climate. Some sub-sectors such as small-pitch LED, invisible light, automotive lighting and landscape lighting remain high. Boom, the penetration rate of the general LED lighting industry is also steadily increasing. We judge that the downstream demand for LEDs will increase by 10% or more in the next three years. Secondly, look at the supply side of LED chips. At present, the actual release capacity is more optimistic than expected. some.
Regarding products, Huacan Optoelectronics said that Huacan Optoelectronics Mini LED 2018Q1 has been shipped in bulk. The accelerometers of Mesin Semiconductor have already entered international big-name cars, such as GM, Ford, Mazda, etc., mainly through the Autoliv company to enter the above-mentioned car manufacturers; this year to expand the domestic car market, there will be millions of orders of sales in China. On consumer electronics, Microsoft's surface, OPPO, we are the first supplier, and the company has several hundred million sales. The technology has its own advantages, stability, precision, and advantages. In the future, we will gradually expand new directions such as gyroscopes and flow meters to generate profits.
The following is the specific content of the Q&A session:
1. Q: What is the price trend of LED chips?
A: The overall price reduction of LED chips is in line with our expectation this year. The gross profit of our LED chips has remained relatively stable. This is due to the decline of downstream raw materials, such as the cost of PSS and sapphire, and the benefit of LED luminous efficiency. constantly improving.
2. Q: The LED chip industry has a huge capacity expansion. How does the company see the future LED development?
A: The LED chip industry is highly technically intensive. It is said that many manufacturers have to expand production last year, but it is not much to form an effective capacity until this year. Huacan Optoelectronics currently produces more than 95% of its sales volume, and we are not worried about the market. At the same time, it can be compared with the period from 2010 to 2011. In 2010, there were a lot of capacity expansion in the industry. In the end, there were not many effective production capacity, and some manufacturers bought equipment in 2011, but they have not yet opened. The chip core suppliers are just 3-5.
3. Q: What is the sales ratio of the company's mid- to high-end products?
A: Huacan Optoelectronics' high-end products account for about 70%-80%
4. Q: What is the current situation of the company mini LED? When is mass production?
A: We have already started mass production of mini LEDs. The monthly revenue is about several million yuan. The customers are mainly overseas customers.
5. Q: What is the current inventory level of the company?
A: Huacan's inventory has been relatively stable, maintaining a level of 1-2 months, and the company's downstream customer inventory is not very high.
6. Q: What is the impact of Sino-US trade issues on company products? Will it affect the integration of the new US?
A: Chinese companies export LED chips directly to overseas, and the amount is very small, almost negligible. Sino-US trade issues will not affect the US-New Zealand integration.
7. Q: Where are the overseas customers of the company's products?
A: It is mainly Korean customers.
8. Q: The company announced an investment of 10.8 billion in February. What progress is it now?
A: The project is still in the process of feasibility study and related EIA preparation; after the project is reviewed and approved by the board of directors and the shareholders meeting, different projects will start in the 3-4 quarters. The specific implementation of the product project will be started according to market demand and research and development needs, and the time span of the specific project will be completed in 5-7 years.
9. Q: The equipment is very fast on the domestic equipment. Will the cost of the new domestic equipment be greatly reduced? Will we have a competitive advantage? How much do we use?
A: The depreciation of domestically produced equipment accounts for the proportion of the overall cost. It is not particularly large. The more the cost is the capacity and yield of the unit equipment. For example, Osram uses the same equipment to supply the car. For domestic general lighting, the key is not on the equipment. Equipment is only meaningful to people of the same skill level.
Iron Case Junction Box Led Driver
With the North American Canadian market on the safety level requirements are too high, the wiring can not be exposed, so now produce some iron box shell packaging power supply for panel lights, troffer, can also be used for industrial electricity, 100 -347V input. Waterproof level is low, so for indoor dry environment.
Surface Mounted Led Panel Light,Led Panel Light 60W Driver,Ul Dimmable Transformer
ShenZhen Fahold Electronic Limited , https://www.fahold.net