Continuing the momentum of the LED boom in April last year, Everbright Securities predicts that the peak season in April will still be very strong, and the driving factors of the industry will turn into lighting, and the follow-up low season will not be weak.
In April this year, the LED sector will still usher in the peak season, and the forecast is still going to be booming, but this year's boom driving factor has become lighting. It is expected that LED lighting and LED backlight will form a golden cross in 2014, and the LED lighting market scale (100 billion) Yuan) will exceed the LED backlight; LED lighting is at the beginning of the three-year golden cycle, so the industry boom driven by it will continue upwards, and the industry boom driven by LED backlights in April last year is only seasonal fluctuations, not the same. So this year's LED sector is very busy during the peak season, not too light in the off-season.
Judging from the small quarters of LEDs, the industry boom will continue after April this year. The LED boom suddenly broke out in April last year. There were no obvious signs in the previous two quarters. The main reason is that it is driven by LED backlight. From 2013Q4 to 2014Q1, the off-season has not started. Taiwanese companies have remained flat or even slightly increased in the fourth quarter, which is obviously better than the seasonal decline of 10-15 in previous years. The first quarter of this year will also be obviously weak in the off-season. The reason behind this is the driving factors of the industry boom. It has become LED lighting, so the LED boom will be more certain after April this year.
Cree and domestic second-line LED manufacturers such as Hongli, Guoxing and Liard announced the Julian Four Seasons report to further verify the judgment of the LED industry.
2014 is the starting point of the three-year cycle of LED lighting. There is space for space, and performance is expected. The LED sector continues to usher in Davis's double-liter, optimistic about LED sector opportunities, Sanan, Jufei, Huacan, Hongli , Liard, Sunshine, Dehao, Tongfang and Chau Ming.
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