Jingdian held a shareholder meeting recently, and General Manager Zhou Mingjun is optimistic about the potential development opportunities in the LED market. Regarding the VCSEL (Vertical Resonator Face Shot Laser) foundry business, Jingdian began to introduce VCSEL products for sensing this year.
Zhou Mingjun's business report at the shareholders' meeting said that since the second half of 2016, the global supply and demand of nitride LEDs has slightly improved. However, as of the fourth quarter of 2017, the expansion of production capacity of the industry has gradually opened up, and the competition has become fierce.
Zhou Mingjun said that although the operating environment has deteriorated, all of Jingdian's colleagues still do not give up the goal of turning losses into profit, and fully invest in reducing operating costs and optimizing product mix. Therefore, Crystal's 2017 revenue is 6.35% lower than 2016, but last year. The net profit of the company reached 1.608 billion yuan (NTD, the same below), and the net profit after tax was 1.65 billion yuan, which not only turned losses into profits, but also greatly improved profits.
Looking forward to 2018, Zhou Mingjun pointed out that there are still potential development opportunities in the LED market. For example, the demand for LED high-efficiency lamps and filament-type LED bulbs has grown significantly year by year, and the penetration rate of LEDs in lighting and automotive applications continues to increase. LED plant lighting applications Gradually, the infrared (IR) LED is used in security control, smart phone sensing, and Mini LED (sub-millimeter light-emitting diode) for various displays. It is estimated that the shipment of crystal grain in 2018 is 562.98 billion.
He said that the promotion of the VCSEL foundry business, in addition to the significant growth in the sales of VCESL LED chips originally used for data transmission, this year also began to promote the VCSEL products for sensing.
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