The continuous growth of lighting demand drives the LED industry to enter a one-way upward channel in 2013. With the further restrictions on the use of incandescent lamps and the decline in the price of LED lighting products, LED lighting has ushered in an opportunity for rapid development. Recently, the average utilization rate of major chip leading manufacturers is almost full. Among them, the utilization rate of quaternary high-brightness LEDs has reached 100%, and the utilization rate of blue LEDs has exceeded 90%. Now in 2009, 2010 grand occasion. Based on the data of major manufacturers and research institutions, it is expected that the shipment scale of LED lighting will exceed 100% growth, and related companies are also expected to gain more than expected income.

Industry boom continues to warm

The signs of this round of market turnarounds appearing at the end of last year. The revenue of LED companies in Taiwan, China has always been an indicator of the prosperity of the LED industry. Although December is a low season in the traditional sense, the revenue of chips in the LED industry chain increased by 59% year-on-year in December last year, and the overall revenue of packaging was 53%. The revenue of mainstream companies such as Everlight, Lextar and Epistar is even more There is a gratifying situation.

Among the major packaging manufacturers, Everlight's December revenue was NT$2.26 billion, a year-on-year increase of 70%, while Lextar Electronics benefited from the recovery of orders for notebook computers, and the increase in demand for flashlights and TV backlights from Korean mobile phone manufacturers. Revenue was NT$1.097 billion, down 5.84% from November and up 55% year-on-year. Among the major chip manufacturers, Epistar's December revenue reached NT$2.047 billion, a slight decrease of 1.36% from the previous month and a year-on-year increase of 78.8%. Benefiting from orders for lighting and backlight sources, Everlight expects that shipments will continue to grow in the first quarter of this year.

The leading manufacturer Jingdian admitted that the visibility of orders in the fourth quarter of last year and the first quarter of this year was much better than expected. Jingdian's quaternary high-brightness LED epitaxial process in the first quarter was fully loaded, which was significantly better than the 60-70% level of previous years. The utilization rate of blue LEDs also exceeds 90%, and even during the New Year, the company will work overtime, and the full load can be maintained throughout the first quarter, and the economic visibility is better than expected.

Judging from the recent technological development trend, the great progress of LED lighting technology has further reduced the production cost, which is expected to attract more ordinary consumers. It is understood that the luminous efficacy of the current LED lighting products can reach more than 200lm/w. At the same time, the price of terminal lighting products in the market has continued to decline. The products of Osram, Cree and other companies have been reduced to around US$10, while the price of energy-saving lamps of the same brand is about US$5. Considering the great difference in service life, The actual use cost of LED lamps is cheaper than ordinary energy-saving lamps.

Due to the falling price of LED chips, manufacturers that originally focused on display chips have also increased their investment in lighting. Huacan Optoelectronics said that the revenue proportion of LED lighting chips is gradually increasing; Silan Mingxin also said that the newly put into production machines will also be used to produce lighting chips.

Lighting manufacturers are the first to benefit

From the perspective of the division of the LED industry chain, it mainly includes four major sectors: LED raw materials (MO sources, luminescent materials, etc.), LED chips, LED packaging and LED lamps. From the perspective of benefit, the first benefit is the downstream with channel advantages. Lighting manufacturer. Followed by the two links of LED chips and packaging, with the increase in demand scale, the capacity utilization rate has increased rapidly, and the price of LED raw materials has also been boosted to a certain extent.

From the perspective of functional division, it is mainly divided into LED lighting and LED backlight. The industry is more optimistic about the development of LED lighting. The recent situation of Ruifeng Optoelectronics also verifies this judgment. The company's management said that on the basis of stabilizing the LED LCD TV market, it has increased its efforts in the field of LED lighting, and achieved a corresponding increase in sales and profits.

Analysts said that from the perspective of growth, since the penetration rate of LED backlight in panels and smart terminals has exceeded 90%, the growth of backlight scale in the future will mainly come from natural growth, while the growth of LED lighting will usher in penetration rate and The "Davis Double Click" brought about by natural growth.

In fact, the capacity utilization rate of manufacturers focusing on lighting chips is increasing rapidly. China's BDO Runda's LED chip revenue in 2012 was only 35.5 million US dollars, and in 2013 it reached 56.5 million US dollars, an increase of more than 50%; Yuanrong Optoelectronics' revenue in 2013 doubled; while Sanan Optoelectronics, Tongfang Optoelectronics and Hualei Optoelectronics also maintain a high level of capacity utilization. It is expected that this rapid growth will continue in 2014. At present, international manufacturers have reached a consensus that the demand for LED lighting will enter an outbreak period in 2014, and LED lighting will be fully rolled out.