Taiwan's LED packaging giant EverLight held its annual shareholder meeting on June 17.
Everlight's annual report pointed out that although the LED industry experienced a bad business in 2015, Yiguang's operation will improve this year, opening up many LED applications that were not originally done, including automotive LEDs and invisible light. LED and other fields, the new momentum of the city's revenue growth, to make up for the slowdown in the LED backlight market.
Yiguang also said that the current efforts to develop new LED applications are in the market. Automotive LEDs and UV LEDs have been officially put into production. The future opportunities will bear fruit. Invisible LEDs and IR LEDs are also related to VR business opportunities and Internet of Things. Taking off. In terms of UV LED, it seizes business opportunities in the water purification and curing market.
In the LED backlight market, Yiguang still has many brands of LCD TV customers, including Japanese and Korean manufacturers, while the demand in the consumer market is slowing down. The LED backlight application is partially robbed by the OLED panel technology, but the overall shipment The amount is still quite a lot.
As for LED lighting, the global demand is still growing. Therefore, Everlight has developed its own high-quality lighting products and leveraged its supply management advantages to manage its gross profit margin and profitability.
In terms of LED lighting, the average price has been lower due to the downward pressure on prices. However, due to excessive competition in the market in 2015, it has already been stifled. The current price decline is very limited, and the price of end products has stabilized.
With the 50% penetration rate of LED lighting in 2016, Yiguang is still quite confident in the expansion of LED lighting products in the global market.
In 2015, Everlight's EPS was as high as NT$4.27, which is arguably better than LED Taiwanese industry. Chairman Ye Haofu believes that the operation of Everlight in 2016 is not pessimistic.
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