Samsung cuts LED TV shipments to lead stocks to sell

Taiwanese stocks LED backlight LCD TV faucet Samsung Electronics downgrades LED backlight LCD TV shipments of 1 million units, plus Dongbei's revenue reached a new high in July, causing panic selling of LED groups, Jingdian, Yiguang, Dongbei fell, the industry said that the TV backlight application declined slightly in August, but other applications were immediately added, the capacity is still full.

The stock price of the LED group has been consolidating for more than a month. In the absence of more inspiring subjects, investors turned to bearish market outlook. HSBC Securities yesterday threw out the "panel industry's inventory may impact LED-backlit LCD TV" issue, and has been hitting a new high in Dongbei for four consecutive months. July revenue was 702 million yuan, down 4.6% from June, it was seen In order to crush the last straw of LED, LED in addition to Huaxing, Guangding and other small stocks against the trend to receive infrared, the rest are closed under the flat.

Bai Mingyuan, chairman of Taiwan's LG, also pointed out that the LED backlight LCD TV price war is inevitable in the second half of the year. The LED penetration rate must reach 20% of the research institutions' research. The penetration rate reached 30% before the end of the year, and the price cut may be a must. As for the market yesterday, Samsung Electronics lowered its LED TV shipment target. Some upstream extension manufacturers said that orders for TV and notebook applications declined slightly in August, but due to strong demand for other applications such as lighting, downstream downtime, capacity Still fully loaded. Once the market expects LED-backlit LCDTV prices to loosen in the second half of the year, it is bound to delay purchases, which will have a negative impact on the annual shipments and even the gross profit margin of the LED supply chain.

However, LED industry's June revenue continues to be a high number of companies, including Yiquan, Hongqi, and the July revenue is still bright, Yiguang's July revenue is also estimated to surpass June, and orders are still in August. Good, it is understood that Everlight's purchase of crystal chips in August will not decrease, and the impact of LED-backlit LCDTV inventory will not be seen. Investors believe that LED multi-application will be the biggest advantage of LED group. In the long-term, the demand for LED will not be limited to TV and monitor. Lighting is a bigger market. Short-term correction is not necessarily a bad thing.

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