LED demand started from the fourth quarter of last year, and remained high-grade in the first quarter. Crystal TV was not affected by the decrease in working days in February. The monthly revenue reached 1.982 billion yuan, and the contrarian trend grew 4.98% compared with January. The growth rate was as high as 57.48%. The accumulated revenue in the first two months reached 3.871 billion yuan, which is close to the first quarter of last year. The outlook for March is that the monthly revenue will continue to rise after the working days rise.
Jingdian said that the first quarter of previous years was the lowest season of the year. This year, whether it is LED backlighting, lighting, or even the demand for quaternary high-brightness LEDs driven by mainland displays, it is better than expected. The rate will be maintained at more than 90%, and according to customer forecasts, the next quarter's utilization rate is expected to remain fully loaded.
According to statistics, in the fourth quarter of last year, Jingdian's revenue reached a record high of 6.103 billion yuan. Based on the revenue of the first two months of this year, the revenue in March will be 2.232 billion. The first quarter revenue will have the opportunity to challenge the historical peak.
Crystal Power's single-month revenue peak last year fell to 2.23 billion yuan in May. After the mainland subsidized LED backlight came to an end, monthly revenue performance declined. Until the fourth quarter, monthly revenue climbed to 19~. 2 billion yuan, stimulating the fourth quarter revenue to write a record high, in terms of February's revenue performance, Jingdian has already paid out the peak season revenue figures.
Jingdian pointed out that this year, it will continue to introduce new MOCVD machines. The company estimates that the capital expenditure in 2014 will be about 4.5 billion yuan. The total number of MOCVD machines on both sides of the Taiwan Strait has exceeded 300, but Jingdian will maintain a steady expansion.
Jingdian said that the first quarter of previous years was the lowest season of the year. This year, whether it is LED backlighting, lighting, or even the demand for quaternary high-brightness LEDs driven by mainland displays, it is better than expected. The rate will be maintained at more than 90%, and according to customer forecasts, the next quarter's utilization rate is expected to remain fully loaded.
According to statistics, in the fourth quarter of last year, Jingdian's revenue reached a record high of 6.103 billion yuan. Based on the revenue of the first two months of this year, the revenue in March will be 2.232 billion. The first quarter revenue will have the opportunity to challenge the historical peak.
Crystal Power's single-month revenue peak last year fell to 2.23 billion yuan in May. After the mainland subsidized LED backlight came to an end, monthly revenue performance declined. Until the fourth quarter, monthly revenue climbed to 19~. 2 billion yuan, stimulating the fourth quarter revenue to write a record high, in terms of February's revenue performance, Jingdian has already paid out the peak season revenue figures.
Jingdian pointed out that this year, it will continue to introduce new MOCVD machines. The company estimates that the capital expenditure in 2014 will be about 4.5 billion yuan. The total number of MOCVD machines on both sides of the Taiwan Strait has exceeded 300, but Jingdian will maintain a steady expansion.
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