Benefited Apple iPad2 March platform backlight module factory revenues warming up

The backlight module factory is expected to go up in March, Ruiyi (6176) and China Optoelectronics (5371) are due to the Apple iPad 2 distribution effect, and Ruiyi's March revenue is expected to hit a new high. The legal person is estimated to have exceeded 5.5 billion. Yuan strength, the monthly increase of more than 5%; in addition to the tablet computer backlight module shipment heating, projector shipments also grow simultaneously, the monthly revenue has the opportunity to stand 7 billion yuan.

The performance of Fuxiang Industrial (6120), a subsidiary of AUO Group, only declined slightly in February, and it is still approaching the level of 2 billion yuan. It is expected that the revenue in March will rebound due to the performance of AUO Group. It is estimated that the monthly revenue will be 2.2 billion yuan.

The major investment in large-size LCD TVs and LCD monitor modules in the recent months due to the off-season effect, revenue is in a low-end, it is estimated that the March revenue is expected to see 700 million yuan.




Benefited from Apple iPad2 pull cargo assists, backlight module maker Ruiyi Optoelectronics in February after a record high, the market expects March revenue can climb high, the legal person estimates, Ruiyi March revenue has exceeded 5.5 billion yuan It is estimated that the first quarter revenue will approach 15 billion yuan, creating a new high in a single season, and the season will increase by nearly 9%.

In the fourth quarter of last year, Ruiyi's performance hit a new high every month. The single-season revenue reached a record high of 13.8 billion yuan. The market estimates that Ruiyi's annual net profit after tax (EPS) should be 6 yuan. The performance is expected to rise to the next level.

In terms of operating performance in the second quarter, the business volume of Ruiyi Korean TV LCM (Liquid Crystal Module) continued to grow, and the average unit price and gross profit margin were expected to increase. In addition, LED-backlit LCD TV orders will be added this season, and tablet computers will continue to be released. Goods, the second quarter performance firepower still has the opportunity to attack.

China Optoelectronics also cut into the iPad2 supply chain, the performance is not bearish, due to the recent shipment of tablet computer customers, the product mix has improved significantly, it is estimated that the first quarter should have a single digit growth compared with the fourth quarter of last year.

Benefiting from the tablet computer market, the first quarter of this year received orders from the US Apple iPad 2, allowing China Optoelectronics to grow its kinetic energy in the NB backlight module shipment this year.

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