Ronda's July revenue of NT$750 million for lighting products shipped to Japan

[High-tech LED News] Taiwan's panel maker odatec Group's LED factory Longda Electronics (3698), recently released its July results. Ronda's consolidated revenue in July was NT$750 million, a slight decrease of 1.4% in the month and an annual decrease of 18.71%. The accumulated revenue for January-July was NT$4.926 billion, an increase of 6.71%.

Ronda said that the LED lighting market demand has increased. Ronda's lighting revenue in July increased by more than 50% in the month. At present, the proportion of lighting products revenue has exceeded 30%. Among them, the demand for LED lighting products in the Japanese market is the strongest, and half of the Ronda lighting products are shipped to Japan.

Ronda said that it will continue to work closely with international manufacturers to develop high value-added lighting products. In addition, various new products such as COB and optical engines will be actively launched in the lighting module. The lighting business (including finished lighting products and semi-finished products) will be monthly. The quarterly height will increase, and the proportion of lighting revenue before the end of the year is expected to reach 40%.

With the price reduction of sapphire substrates and the continued growth of lighting products, the Ronda Q2 gross profit will be higher than Q1 and grow quarter by quarter. Currently, Ronda has been listed on the market before August, and is scheduled to be released on August 9th. The Securities Corporation held a pre-IPO legal person briefing.

Ronda is the only LED factory in Taiwan that has reached the one-stop industrial chain. This year, the overall lighting market will present multiple growth companies. Lunda is actively rushing into the lighting field. Currently, it cooperates with the top 5 international lighting manufacturers in the OEM mode to provide lamps. , lamps and other related products. At the same time, Ronda continued to expand its production. Before the end of the year, the MOCVD machine will reach 80 units and the output will reach 850 million.

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