Hangzhou Silicon Lijie’s revenue is expected to increase by 20% to 30% this year

According to the micro-network news, Hangzhou Silicon Lijie entered the peak season of industrial products shipments in the first quarter, and SSDs, smart meters, and IP CAM shipments were booming. Among them, SSD control ICs benefited from the top-rated Samsung market share of major customers. The continued heavy volume of goods will drive 2018 revenue growth from 20% to 30%.

In the year before last, Hangzhou Sileoger successively acquired the Meixin smart meter and the NXP LED lighting department. After one year of adjustment, the operation gradually took off. Last year, the revenue triple jump came to NT$ 8.608 billion, an increase of 20.58%. Looking forward to this year, In the first quarter of the year, the company entered the peak season for the shipment of industrial products. Driven by the awareness of energy saving and environmental protection in the world, the sales volume of Hangzhou Silicon Lithium smart meter control ICs increased, and market share in North America, Europe and South America gradually increased.

In the LED lighting segment, after Silicon Power acquired NXP, it extended its tentacles from indoor LED lighting to high-priced outdoor LED lighting drivers. In particular, NXP owns its special outdoor lighting patents, which complements Hangzhou Silicon Lijie's technology in the formation of indoor LED lighting. Li Jie received both NXP, Europe and the United States market customers, and expanded the source of emerging market customers, the first quarter shipments increased.

In addition, solid state hard disk drive ICs in industrial solid-state drives and IP CAMs have steadily grown in the first half of the year as Samsung, a major customer, has steadily grown, while TV products have increased penetration in China and South Korea, and AC/DC market share has increased. Continue to expand.

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