Crystal Power: Q2 condition is not as expected, VCSEL sensing product is expected to launch Q4

LED epitaxial plant Jingdian held a shareholders meeting on the 21st, Jing Ming, general manager of Crystal Power said that due to lighting and backlight-related demand is not as expected, the second quarter may not be as expected, but the overall performance of the third quarter should be able to warm , Better than the second quarter, the initial estimate of the July revenue may not be very different from the June, but it is expected that the August performance will rise significantly.

In terms of product line performance, Zhou Mingjun pointed out that in the lighting products segment, customers are still digesting inventory in the second quarter, but in the third quarter, lighting performance should be better than in the second quarter due to stocking needs such as Thanksgiving and Christmas. In the backlight part, due to the apparent increase in demand for TV backlighting and the active expansion of mobile phone backlight products in the mainland, this third quarter will also be better than the second quarter; for Blu-ray products, the third quarter performance is expected to be harder than the same period of last year, but four. Yuan products will continue to grow; the proportion of four-Yuan LED's revenue has increased from about 25% in the past to the current level of about 35%. It is estimated that the proportion of four-Yuan LED's revenue in the second half of the year should be between 30% and 40%. .

In terms of VCSEL (Vertical Resonance Cavity Surface-Laser) foundry business, Zhou Mingjun pointed out that in addition to the significant growth in the sales volume of VCSEL epitaxial wafers originally used for data transmission, Jingdian also began to promote products for sensing applications. And is expected to launch in the fourth quarter.

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