Taiwan's LED chips and packaging factories saw a certain growth in revenue in January. Yuanyuan said that the large-size LCD terminal backlight demand is the first to warm up, and the lighting demand is hot. In February, the operation even has a better chance than January. High-end LEDs are in short supply. In 2014, the supply and demand of low-end LEDs is expected to be balanced.
Jingdian pointed out that the capacity utilization rate outside the mainland plant is still fully loaded, and the order visibility has been mastered in the second quarter, including backlight, lighting, and quaternary LED demand are good, as the second quarter is the most prosperous quarter for TV shipments. Customers launched spare parts stocking, especially in 2014, the brand factory introduced thin-type direct-lit LED TV backlights, adopting new solutions, and some side-lit LED TVs also considered introducing new LED specifications.
In fact, in 2014, various liquid crystal display terminals, including notebook computers (NBs), televisions, LCD monitors, and mobile devices, all went to high resolution. 4K UHD TVs also benefited the more mature TV backlight applications. Jingdian believes that LED lighting is expected to be the main growth momentum in 2014, but recently there is a chance to win new orders for mobile devices and TV backlights, and the proportion of revenue will still be slightly higher than lighting applications.
Taiwan's LED packaging leader Yiguang's January revenue increased by more than 27% year-on-year, which is quite optimistic about TV backlighting and lighting application demand; New Century Optoelectronics' revenue in January increased by nearly 40%, mainly due to TV backlight and lighting demand. Wen, the demand for mobile phone devices is temporarily flat; as for Ronda's revenue growth of 28% in January, the proportion of lighting revenue in 2014 will be 40%. Recently, the thin-type direct-type TV backlight has received orders from Japanese brand manufacturers.
In addition, including the round and the east, the large-size backlight needs to be warmed up, and the lighting application continues to grow. In addition, the operation of Taiwan LED manufacturers is heating up quarter by quarter. Veeco, the MOCVD machine equipment manufacturer, is also cautiously optimistic about LED market conditions. Optimistic LED supply and demand is expected to reverse in 2014~2015, returning to equilibrium, estimated in 2015. LED bulb prices have the opportunity to challenge $6, becoming the sweet spot for LED lighting to enter the home lighting market.
Veeco Global Marketing Director Jeffery Pina believes that mainland manufacturers have launched large-scale investments since 2011, making LED products oversupply in the backlight, but the imbalance between supply and demand in 2014 is expected to ease.
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