The LED market in Taiwan is deserted. The revenue from the upstream chip factory to the downstream packaging factory in November fell by about 2-3%, while the passive component core manufacturer who crossed the LED sapphire ingot to the peak, the LED related revenue in November. Actually, from October’s 6.23 million NT dollars, it was almost zero, only 260,000 NT dollars. Yuefeng said frankly that LED market conditions were rapidly frozen. In November, customers were cut down, resulting in a decline in revenue. The annual expansion plan will slow down, but the expansion will still reach 50-60 units by the end of this year. At present, about 50 units have been built, and the next year's move to 90 units will slow down.
After Yuefeng’s November revenue deduction of sales discount of 9.59 million NT dollars, the remaining NT$26.79 million was NT$, a sharp decrease of 49.87% from NT$124 million in October, and a decrease of 46.29% year-on-year. The monthly recession was the largest. Among them, the revenue of iron core products decreased from NT$118 million last month to NT$63.49 million, a decrease of 46.19%; LED sapphire crystal rod revenue decreased from NT$62.3 million to RMB265,000. Taiwan dollar, the monthly reduction is as high as 96%.
Yuefeng pointed out that due to the poor demand for consumer electronics in the world, the performance of LED-related industries also dropped significantly. The company received orders from customers to cancel or suspend orders in late November, which also caused heavy revenue losses. However, the company's expansion plan for the end of this year's expansion plan will still be achieved, but next year it will be expanded by 50% to 90 units. Now, due to the poor market, the expansion will indeed slow down.
In addition, due to the sharp drop in demand for LEDs in the near future, the price of sapphire crystal rods has been under pressure, with a drop of more than 10%. Yuefeng pointed out that due to optimistic LED demand, the production capacity of sapphire crystal growth plant has increased a lot in recent years. Although downstream manufacturers are also expanding production, but the market situation is reversed, so that the ingots that are in short supply are oversupply, so the price is temporarily Unable to determine the stop.
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