LED packaging companies' performance declines

[Source: "High-tech LED - Research and Review" May issue / reporter Hu Yanling] LED upstream chip overcapacity cloud has not been dispersed, in April, major LED packaging listed companies announced the first quarter of this year's financial report data is still A cloud of gloom.

Gaogong LED Industry Research Institute (GLII) statistics show that in addition to Lehman Optoelectronics' net profit increased slightly by 0.15% compared with last year, Guoxing Optoelectronics, Hongli Optoelectronics and Ruifeng Optoelectronics have different net profit in the first quarter of this year. The decline.

For the decline in the company's profitability, the information disclosed in the relevant reports of the above companies shows that there are two main reasons: the first is the impact of the international financial crisis; the second is the domestic LED lighting market demand is lower than expected.

"The lack of LED downstream demand in the first quarter directly affected the orders of midstream packaging companies." Li Guoping, chairman of Hongli Optoelectronics, said that it is obviously not a wise choice for the industry to pick up the short-term crisis that the packaging companies are facing. Proactive attack seems to be the direction of action for everyone.

Among them, Hongli Optoelectronics locks three major business groups: packaging, commercial lighting and automotive lighting. The company will move into the new plant in June, and will fully utilize the scale effect of the midstream device.

Guoxing Optoelectronics is expanding its downstream, making a big move into the upper reaches, and recently issued 500 million corporate bonds to supplement liquidity.

Ruifeng Optoelectronics, which focuses on packaging, chose a strategic alliance to extend its reach to the downstream.

Declining performance
Since the second half of 2011, the financial crisis has been raging, and the LED industry has also been implicated, and the market demand for LED lighting is lower than expected. According to GLII data, the total output value of LED packaging in China in 2011 was 32 billion, an increase of 18% compared with last year, far lower than the previous 32%.

The impact of the above unfavorable factors continued into the first quarter of this year, resulting in a decline in the performance of a number of listed companies.

Not only listed companies, but also the days of other non-listed companies.

Fan Zhencan, president of Yimeixinguang Technology Co., Ltd. pointed out that at the beginning of this year, he saw several domestic packaging companies in a dying situation, all the technical staff were lost, and there were no new products. Two of them found him seeking mergers and acquisitions.

"It is very difficult to package now. Although the sales revenue is up, the gross profit margin has been declining." Guoxing Optoelectronics executives said that in 2010, there were more than 200 new entrants in domestic packaging companies, accounting for 13% of the total packaging enterprises. . The capacity of new entrants has gradually been released since last year, and the original market share has been divided, resulting in increased competition in the packaging industry, and prices have naturally been used as a powerful weapon for market competition.

Taking the main product SMD LED as an example, in 2011, National Star Optoelectronics SMD LED revenue was 794 million yuan, an increase of 18.86% compared with last year.
The gross profit margin was 19.14%, a decrease of 11.24% compared with 2010.

"The big companies are still like this, and those small companies that can't support the price war naturally start to withdraw from the stage of history." Fan Zhencan pointed out.

Another bad effect caused by the fierce price war is that the company has no extra funds and energy for product innovation. The above-mentioned high-level pointed out that the current imitation and plagiarism in the domestic packaging field is prevalent. "Before the listing, Guoxing Optoelectronics has made great innovations, while other companies are not new, so a good product can sustain a one- or two-year revenue contribution in the past. Now this model is no longer working. In the past two years, the competitors have been very tight and the speed of pushing new ones is too fast."

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Operating temperature range:

vibration motor should be used at a temperature of -10~60℃.

The figures stated in the catalog specifications are based on use at  ordinary room temperature catalog specifications re based on use at ordinary room temperature  (approximately20~25℃.

If a vibration motor is used outside the prescribed temperature range,the grease on the gearhead area will become unable to function normally and the motor will become unable to start.Depending on the temperature conditions ,it may be possible to deal with them by changing the grease of the motor's parts.Please feel free to consult with us about this.


Storage temperature range:

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In case of storage outside this range,the grease on the gearhead area will become unable to function normally and the motor will become unable to start.


Service life:

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●Use with a load that exceeds the rated torque

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