ç’¨ Round force fights to turn profitable next year, LED lighting accounted for 40%

Affected by the sluggish demand for LED backlights, the combined revenue for the third quarter of the round was NT$1.13 billion (the same below), operating gross loss was 233 million yuan, loss before tax was 472 million yuan, and loss after tax was 434 million yuan; The accumulated consolidated revenue for the first three quarters was 3.511 billion yuan, the operating gross loss was 502 million yuan, the loss before tax was 1.073 billion yuan, the loss after tax was 900 million yuan, and the net loss per share was 1.89 yuan.

However, after the successful acquisition of Sanan Optoelectronics, the integration benefits of the two companies have gradually emerged. With the increasing demand for LED lighting, Yuyuan has been rushing into the LED lighting market. The company estimates that LED lighting will account for the proportion of revenue next year. From 30% this year to 35% to 40%, coupled with the stabilization of LED backlight demand, the company will strive to turn profitable next year.

Yan Feng, chairman of the board of directors, said that the output value of LED lighting will double in 2014, and LEDs for vehicles will become the main force to drive the demand for chips. The output value of NB and smart phone backlights is only flat; he estimated that Next year, the output value of LED backlights and LED lighting will be one to one. In 2015, it will grow to twice as much as the backlight.