Jingdian's revenue in January this year was 7.7 lower than the previous month's decline
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Morgan Stanley Securities issued the latest research report, said that after the positive clearing of inventory products from November to December last year, Jingdian raised its two-month revenue performance, making Jingdian's revenue in January this year down 7.7 from the previous month. Lower than originally expected, and February shipments will be affected by the reduction in working days, but the March and the second quarter will see growth, overall, it is estimated that the first quarter of the crystal power consolidation season decreased by 7, In the second quarter, the season increased by 24.
Morgan Stanley pointed out that although the revenue of Crystal Power in January and February fell, it will return to temperature in March, mainly due to the attention of backlight and lighting projects; and it still maintains the first quarter revenue of Jingdian about 57 The estimated value of NT$100 million is expected to decline 7 compared with the previous quarter. In addition, from a positive perspective, Jingdian should avoid the risk of inventory price loss in 2014.
Morgan Stanley said that from the performance of the utilization rate, benefiting from the increase in lighting and LEDTV backlight orders, the crystal quaternary LED utilization rate has reached full load, while the blue LED utilization rate is over 90, order visibility About 8 to 10 weeks, the overall productivity rate in March and the second quarter will see growth, so it is estimated that the second quarter of the crystal power revenue has a quarterly increase of 24 performance.
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