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According to the global market research firm TrendForce, the output value of LED chips in mainland China enterprises (source-based companies with funds background) was 849 million US dollars in 2013, an increase of 17. LED inside analyst Yu Bin said that 2013 LED commercial lighting penetration rate Rapidly increase the capacity utilization rate of the chip, but as the price of LED chips continues to decline, the growth rate of output value is not as good as the output. It is expected that the output value will reach 992 million US dollars in 2014 with the same growth rate.
In the first half of 2013, the demand for LED commercial lighting market was strong, and traditional lighting accelerated the transformation speed. Midstream packaging manufacturers have integrated downstream lighting, resulting in the phenomenon of out-of-stock lighting in the first half of the year.
The capacity utilization rate of manufacturers based on lighting chips has increased rapidly. Dehao Runda's LED chip revenue in 2012 was only 35.5 million US dollars. It is expected to reach 56.5 million US dollars in 2013, which will grow by more than 50%. Yuanrong Optoelectronics will double its revenue in 2013. Sanan Optoelectronics, Tongfang Optoelectronics and Hualei Optoelectronics, the manufacturers whose production capacity utilization rate is maintained at a high level, mainly based on display chips, have increased the lighting chip business. Huacan Optoelectronics LED lighting chip revenue has gradually increased, and it is expected to reach 50% by the end of 2013; Silan Mingxin's new production machine is mainly used to produce lighting chips.
In the case of the rise of local chip companies in mainland China, the market share of Taiwan and international manufacturers in the mainland is gradually shrinking. According to LEDinsde data, in 2013, the yield of LED chips in mainland China has reached 80.
In the field of display chips, in 2013, the trend of rapid price decline continued, and corporate profits did not increase with revenue. The drop in prices has led to a sharp drop in profits, which is one of the reasons why display chip makers have increased their lighting chip business.
In 2013, the concentration of LED chip industry in mainland China further improved. From the top 5 manufacturers' revenue market share, it increased from 61.9 in 2012 to 64.4. As the industry continues to develop, the concentration will continue to increase, and the industry will be reshuffled and integrated. It is inevitable.
Yu Bin said that from the current chip industry situation, although the price decline rate has slowed down, but the profitability of enterprises is still difficult to upgrade, small and medium chip manufacturers lacking funds and technology will become the next batch of bankruptcy or mergers and acquisitions. Object.