Guo Lili said that the LED industry has been in a downturn in the past two to three months, and the global lighting policy has been unanimously promoted. It is expected that the crystal rod factory and the substrate factory will grow upwards from the quarter to the first quarter of next year. Guo Lili Further analysis, LED industry growth stems from spontaneous demand, that is to say, the price is already falling, and the inventory kept by everyone is too low, naturally there will be the action of pulling goods, and then with the panel price correction, Will bring LED TV backlight demand.
In the lighting part, the price of sapphire raw materials has reached 70% this year. The global ban on incandescent bulbs will stimulate the early fermentation of demand. Although it will not increase immediately, it will gradually accumulate and explode, which will help the company to reduce production expenditure and reduce it. The unit production cost, the kinetic energy of the popularization of lighting will continue to flow.
As for the new plant that is expected to be completed at the end of the year, Guo Lili said that the new plant will specialize in cutting 4 to 6 inch ingots and substrates, and will work with large equipment manufacturers TDL and GT Solar to study large-scale crystal growth furnace equipment. Financing should deal with the freezing period before October, and also cultivate a senior team of international level. From purchasing to R&D, there are many talents from world-class manufacturers, with advanced technology and international vision and management capabilities. Distance from competitors.
Zhaojing's existing 2-inch sapphire substrate has a monthly capacity of 450,000 to 600,000 pieces, while Xinjing's ingots are fully supplied to Zhaojing with the expansion plan. It is expected that the 2-inch ingot production capacity will reach 200,000 mm by the end of the year. It is understood that Zhaojing's substrate shipments in October are close to full load, and the company's high-margin PSS substrate proportion has also increased to 20%, and the application surface is also opening to the semiconductor field. Guo Lili is also quite optimistic about the performance of the fourth quarter, expected single Seasonal shipments are expected to double from the first quarter, and performance will also rise significantly.
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