Liad / Chau Ming Technology's performance surged to accumulate this year's small pitch LED

China's mainland LED display giant Lia De and Zhou Ming announced 2017 financial report, benefiting from the increase in shipments of small-pitch LED products, the performance of explosive growth, and expected high-end small-pitch products in 2018 will enter a rapid growth period, LED The driver ICs are the main suppliers of the two leading driver ICs. In 2018, the mid-to-high-end products benefited from the significant growth of shipments from the two major customers. The recent stock price rose sharply, with an intraday high of 81.3 yuan, or 3.96%.

Two major customers, Liard and Chau Ming, saw double-digit growth in revenue and profit in 2017. Liard's revenue and net profit increased by 48.71% and 68.18% respectively, while Chau Ming increased by 73.33% and 65.52. %, the two companies not only benefited from the strong demand in the Chinese market, but also developed towards overseas markets. Among them, Liard signed a new single of 10.2 billion yuan last year, an increase of 17% from the initial forecast of 8.75 billion yuan, of which the small-distance order was about 27.5. 100 million yuan, an increase of 51%, it is obvious that small-pitch products are growing rapidly. Zhou Ming pointed out that the market demand for small-pitch LEDs is strong, and sales at home and abroad continue to grow.

Both leading fascinators are optimistic about the increase in international sports events, large-scale exhibitions and corporate users this year. Small-pitch products are moving into the mid-to-high-end market. This year, they have entered the high-growth period, and now they are the world's first LED driver IC market share. The transformation abandoned the basic products of low gross profit margin, and the proportion of small-pitch products was as high as 70%, giving priority to the small-distribution products.


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