Goldman Sachs, said high power LED lighting prices stabilized, the Chinese official street plans and lighting grants will help increase the penetration rate. China LED related manufacturers actively to grab market share, but still quality and silicon intellectual property (IP) integration problems, so the market share of international companies such as Philips, Cree and Epistar still unshakable.
Goldman Sachs participated in the Guangzhou International Lighting Exhibition last weekend, with the LED supply chain vendors to discuss the price decline of the high power LED lighting has already begun, but the upstream chip / module still has excess supply. The LED needs to lighting at the moment, the chip plant must be accelerated vertical integration in order to remain competitive, stable gross margin.
Goldman Sachs pointed out that the traditional LED plant, how to establish pathways in the highly fragmented Chinese lighting market is the biggest obstacle. Zhejiang Sunshine Lighting Group to take seven years to expand the current path in China. LED industry will move toward integration, upstream manufacturers and downstream channel partners, such as America Commerce sharp last year acquisition of the U.S. lighting manufacturer of Ruud Lighting.
Goldman Sachs believes that several major lighting foundries are still faced with the challenge of difficult local LED technology and modules integrated into the final product, quality and silicon intellectual property. Although the Chinese manufacturers a competitive price compared with foreign manufacturers, but the front line of manufacturers such as Philips, Cree, and the crystal electric market share is still solid.
http://www.tungsten-molybdenum-sapphire.com/big5/index.htm
The second quarter of the crystal electric capacity utilization close to 100%, mainly backlight increased demand in the second quarter is usually the peak period of demand for LED backlighting require three to four months of processing time, due to the backlight module in order to catch the end of the year November and December before the holidays shipping.
Goldman Sachs pointed out that the crystal power demand visibility can see the next two months, will be close to full load capacity to the end of July is not clear, but the outlook for the second half of the year, industry oversupply, and rival Cree and Nichia of preparing to introduce more cost-competitive products. However, revenue in the lighting category is quite good, the Epistar revenue 2 percent from the lighting. High the Sheng Duijing power to maintain the buy rating, target price of NT $ 83 yuan.
Goldman Sachs participated in the Guangzhou International Lighting Exhibition last weekend, with the LED supply chain vendors to discuss the price decline of the high power LED lighting has already begun, but the upstream chip / module still has excess supply. The LED needs to lighting at the moment, the chip plant must be accelerated vertical integration in order to remain competitive, stable gross margin.
Goldman Sachs pointed out that the traditional LED plant, how to establish pathways in the highly fragmented Chinese lighting market is the biggest obstacle. Zhejiang Sunshine Lighting Group to take seven years to expand the current path in China. LED industry will move toward integration, upstream manufacturers and downstream channel partners, such as America Commerce sharp last year acquisition of the U.S. lighting manufacturer of Ruud Lighting.
Goldman Sachs believes that several major lighting foundries are still faced with the challenge of difficult local LED technology and modules integrated into the final product, quality and silicon intellectual property. Although the Chinese manufacturers a competitive price compared with foreign manufacturers, but the front line of manufacturers such as Philips, Cree, and the crystal electric market share is still solid.
http://www.tungsten-molybdenum-sapphire.com/big5/index.htm
The second quarter of the crystal electric capacity utilization close to 100%, mainly backlight increased demand in the second quarter is usually the peak period of demand for LED backlighting require three to four months of processing time, due to the backlight module in order to catch the end of the year November and December before the holidays shipping.
Goldman Sachs pointed out that the crystal power demand visibility can see the next two months, will be close to full load capacity to the end of July is not clear, but the outlook for the second half of the year, industry oversupply, and rival Cree and Nichia of preparing to introduce more cost-competitive products. However, revenue in the lighting category is quite good, the Epistar revenue 2 percent from the lighting. High the Sheng Duijing power to maintain the buy rating, target price of NT $ 83 yuan.
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