Guangzhou Gallium's July revenue is reduced by 24%, and it plans to increase capital to expand capacity in Shenzhen.

[High-tech LED News] Jingdian (2448)'s LED chip factory Guangguang (8199) received NT$250 million in July, with a monthly reduction rate of 24%. The company plans to list it in September.

Guanggao recently announced that it will increase the capital of Guanghuaxin Optoelectronics (Shenzhen) by 1.1 million US dollars, which will be used to expand LED epitaxial wafers, chips, LED light source modules and lighting products.

In addition, AUO (2409) Group's LED chip factory Ronda (3698) recently announced a July revenue of NT$750 million, a monthly rate reduction of 1.4%. The company is expected to be listed at the end of August.

Although the LED industry is still in a low tide, energy-saving lighting is still a future trend. Both Ronda and GLG will accelerate the field of layout lighting to offset the pressure on some backlights.

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