WOSEN LIGHTING TECHNOLOGY LIMITED

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Dom> Blog> Affected by the LED TV backlight market, crystal power billion light June revenues are declining

Affected by the LED TV backlight market, crystal power billion light June revenues are declining

March 05, 2023
[High-tech LED News] LED TV backlight market demand is not as expected, Taiwan's LED leading crystal power (2448), Yiguang (2393) June revenues have declined compared with last month. In June, Jingdian's revenue was NT$1.73 billion, a decrease of 9.38% per month, and an annual decrease of 6.57%. The accumulated Q2 revenue was 5.332 billion yuan, a quarterly increase of 19.87%. The revenue for the first half of this year was 9.779 billion yuan, an increase of 5.44%. .

In June, the revenue of Everlight was NT$1.49 billion, down 5.4% month-on-month and 7.29% year-on-year. The accumulated Q2 revenue was 4.486 billion yuan, up 20% quarter-on-quarter. The revenue for the first half of this year was 8.223 billion yuan, an increase of 2.2 years. %.

In July, the demand for backlights continued to be sluggish. Jingdian looked forward to the performance of orders for TV manufacturers in the Christmas season in August, and actively developed the lighting market to compensate for the sluggish backlight demand. It is expected that the proportion of lighting revenue will rise to 30% by the end of the year.

Yiguang actively develops the lighting market, and it is expected that the proportion of lighting revenue will gradually increase. In addition, a dual-brand strategy has been launched to attack the European and Greater China markets. The lighting brand will reach a profit and loss balance within two years and become the world within 3-5 years. The top 3 lighting brands are on par with Philips and Osram.
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