China Mainland LED display Giant Leader and Chau Ming announced in 2017 earnings, benefiting from the small space LED product shipments increased, the performance of explosive growth, and is expected by 2018 in the high-end small pitch products will enter a rapid growth period, LED driver 96%. IC accumulation as the two major leading driver IC major suppliers, high-end products in 2018 benefited from substantial growth in shipments of two major customers. Recent stock gains, the intraday high of 81.3 yuan, or 3.96%.
Accumulate two major clients Riad and Chau Ming Double-digit revenue growth and profitability in 2017, Riad revenue and net profit increased 48.71%, 68.18%, Zhou Ming increased 73.33% and 65.52 %, The two companies in addition to benefiting from strong demand in the Chinese market, and toward overseas markets, of which Liya De signed a new order last year amounted to 10.2 billion yuan, an increase of 17% over the beginning of 87.5 billion yuan, of which small spacing orders of about 27.5 100 million yuan, an increase of 51%, showing the rapid growth of small spacing products.Zhou Ming pointed out that the demand for small spacing LED market is strong, sales continued to grow at home and abroad.
Two major leaders are optimistic about this year's international sports events, large-scale exhibition and business users increased, small pitch products to the high-end market, this year into a high growth period, and now the world LED driver IC market share of the first accumulation in recent years Transition to abandon the basic models of products with low gross margins, the proportion of small pitch products up to Qi Cheng above, give priority to benefit from the small pitch product volume.
