Qiu Ti Technology's gross profit margin will decline
Lyon said that Qiu Ti Technology has shipped camera modules this year (83.3 million units, up 24% year-on-year), and the progress is in line with the bank's full-year forecast, but in any case, the low-end products from Huawei in the first half (5 million pixels or The following orders have increased, and the proportion of camera models over 13 million pixels has fallen. According to the channel, the gross profit margin of the camera model products of Qiu Ti's 13 million pixels or more has fallen back to high unit figures, while the camera model products of 8 million pixels or less have gross profit. Lower, the first half of the year, the gross margin of titanium, will be reduced from 12.1% in the first half of 2017 to 7.7% in the period.
According to the bank, the forecast for the shipment of the 2018 camera module of Qiu Ti Technology will be 4% to 204 million pieces, and the shipment forecast of 8 million pixel units will be 10% to 57 million pieces, and the shipment forecast of 13 million pixels will be 3 % to 67 million pieces, but the reduction of dual-lens module shipments is forecast to be 6% to 20 million pieces, while the gross margin forecast for this year is lowered from 9.5% to 8.3%. In addition, Lyon upgraded the Kura Titanium 2019 camera module shipment Forecast 4% to 225 million pieces, increase shipment forecast of 5 million and 8 megapixel lens modules by 46% and 38%, and reduce the forecast of dual lens module shipments by 20% to 30 million next year, while reducing its 2019 The annual gross profit margin forecast fell from 10.5% to 9.2%.
Xinyi Branch's June revenue increased by 127.09% annually
In the first half of 2018, although the gross profit of Qiu Ti Technology has declined, with the official shareholding of Qiu Ti Technology, the performance of Xinke has improved significantly. In October 2017, Qiu Ti Technology became the first in the new section through private placement. The major shareholder, and at the temporary shareholders meeting held by Xinke Branch, obtained the three seats of the new branch.
Xinke Branch's revenue in June 2018 was NT$149 million, a month-on-month increase of 42.38%, an increase of 127.09%. Xinkeke's single-month revenue set a new record since 2014, with the official opening of the industry in the second half of the year. Will bring high growth to the performance of Xinke Branch. After the acquisition of Qiu Ti Technology, Xinke Branch also attacked the smartphone market.
Xinke has been a supplier of Microsoft Kinect somatosensory lenses. It has been investing in structured light and ToF lens development for many years. Now, Xinke has been carrying out several projects in the field of mobile 3D sensing lenses. It is expected to be developed by Xinke. The 3D sensor lens is expected to be sampled in the second half of the year.
It is reported that Qiu Ti Technology's main business is mobile phone lens module, fingerprint identification module and other products, including lens, motor, sensing and other products, is China's third largest mobile phone lens module factory, supplying China OPPO, vivo, millet, ZTE, Huawei and other indicators factory mobile phone lens module, is China's third largest mobile phone lens module factory after Haoyu, Ou Feiguang, is also one of the important customers of Xinke Branch.
Xinke Branch is mainly engaged in the production of plastic lenses and lens products. According to Qiu Ti Technology, the proportion of Xinkeke's supply is not high, but after Qiu Ti officially entered the new branch, Qiu Ti has also completed the supply chain, downstream vertical. Integration; Xinke Branch has obtained downstream estuary, and the supply quantity is expected to further increase, which will help to integrate the technical energy of both parties, thereby increasing the market share of mobile phones.