Goldman Sachs Securities recently reported with the LED industry, that the current LED lighting technology is still not mature, coupled with LCD applications oversupply, that the LED group short-term share price pressure, reiterated Crystal Electric (2448-TW), million light (2393 -TW) Investment rating is neutral.
Goldman Sachs Securities semiconductor analyst Lu Dongfeng pointed out that since 11/24 Goldman Sachs first commented on the LED industry, investors are very concerned about whether the falling price of LED chips will drive the consumer lighting market to take off; in response, he put forward three views:
1. Currently, most of the LED chip manufacturers in Taiwan have not adopted 4 inches of MOCVD. However, under the condition that the yield rate is more important than the scale, the cost structure of the Taiwan Plant has not shown any disadvantages; Although all 2 units of MOCVD machines were used, there was no loss of order volume under the active expansion plan of Korean TV customers.
2. In order to increase the brightness, LED manufacturers are currently developing a new grain production process, which is different from the traditional LCD backlight technology. This notable topic has also led to the rapid standardization of lighting die technology, and has caused the delay of the product. Fall time.
3, can contend with fluorescent light bulbs, and can replace the 40-watt, 60-watt Wusi light bulbs, is a successful benchmark for LED light bulbs; Taiwan LED manufacturers have slowly moved towards the goal, including the new century (3383-TW) Launched a product that can compete with fluorescent bulbs, but stressed that production is still limited. Currently, it is mainly supplied to Taiwan, and the company is still focusing on the professional lighting market.
Goldman Sachs anticipates excessive supply of LCD applications, which may cause LED manufacturers to pull back pressure on short-term stock prices, although it is still too early to believe that buying lighting groups is still too early, but believes that when the price of crystals is more When it is attractive, it can buy the layout, and also believes that Everlight is currently lagging behind in the lighting business and reiterates its "neutral" rating on Jingdian and Yiguang.
Goldman Sachs Securities semiconductor analyst Lu Dongfeng pointed out that since 11/24 Goldman Sachs first commented on the LED industry, investors are very concerned about whether the falling price of LED chips will drive the consumer lighting market to take off; in response, he put forward three views:
1. Currently, most of the LED chip manufacturers in Taiwan have not adopted 4 inches of MOCVD. However, under the condition that the yield rate is more important than the scale, the cost structure of the Taiwan Plant has not shown any disadvantages; Although all 2 units of MOCVD machines were used, there was no loss of order volume under the active expansion plan of Korean TV customers.
2. In order to increase the brightness, LED manufacturers are currently developing a new grain production process, which is different from the traditional LCD backlight technology. This notable topic has also led to the rapid standardization of lighting die technology, and has caused the delay of the product. Fall time.
3, can contend with fluorescent light bulbs, and can replace the 40-watt, 60-watt Wusi light bulbs, is a successful benchmark for LED light bulbs; Taiwan LED manufacturers have slowly moved towards the goal, including the new century (3383-TW) Launched a product that can compete with fluorescent bulbs, but stressed that production is still limited. Currently, it is mainly supplied to Taiwan, and the company is still focusing on the professional lighting market.
Goldman Sachs anticipates excessive supply of LCD applications, which may cause LED manufacturers to pull back pressure on short-term stock prices, although it is still too early to believe that buying lighting groups is still too early, but believes that when the price of crystals is more When it is attractive, it can buy the layout, and also believes that Everlight is currently lagging behind in the lighting business and reiterates its "neutral" rating on Jingdian and Yiguang.
Aspire Vape pen, Manufacture Aspire Vaporizer, Aspire Vape pod
Shenzhen Xcool Vapor Technology Co.,Ltd , http://www.xcoolvapor.com