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At the analyst meeting held recently, Yu Xinhua, chairman of Huacan Optoelectronics, said that the LED industry as a whole maintained a good business climate, and some sub-sectors such as small-pitch LED, invisible light, automotive lighting, and landscape lighting remained high. Boom, the penetration rate of the general LED lighting industry is also steadily increasing. In the next three years, LED downstream demand will be 10% or more. At the analyst meeting held recently, Hua Xin Optoelectronics Chairman Yu Xinhua said that the LED industry as a whole remains good. Boom, some sub-sectors such as small-pitch LED, invisible light, automotive lighting, landscape lighting have maintained a high degree of prosperity, the penetration rate of the general LED lighting industry is also steadily increasing, LED downstream demand will be 10% in the next three years Or the above growth, followed by the LED chip supply end, the actual release of the current production capacity is more optimistic than expected. Regarding products, Huacan Optoelectronics said that Huacan Optoelectronics Mini LED 2018Q1 has been shipped in bulk. The accelerometers of Mesin Semiconductor have already entered international big-name cars, such as GM, Ford, Mazda, etc., mainly through the Autoliv company to enter the above-mentioned car manufacturers; this year to expand the domestic car market, there will be millions of orders of sales in China. On consumer electronics, Microsoft's surface, OPPO, we are the first supplier, and the company has several hundred million sales. The technology has its own advantages, stability, precision, and advantages. In the future, we will gradually expand new directions such as gyroscopes and flow meters to generate profits. This year, the overall decline in LED chips, while Huacan Optoelectronics with the decline of downstream raw materials, such as PSS and sapphire costs are falling, and improve LED luminous efficiency, so as to maintain the stability of LED chip gross margin. Huacan Optoelectronics currently produces more than 95% of its sales volume. The proportion of mid- to high-end products is about 70%-80%. The inventory is kept at 1-2 months. The downstream customers' inventory is not very high. At present, Huacan Optoelectronics Mini LED is already in mass production, with a monthly income of several million yuan, and customers are mainly overseas customers. When talking about the impact of Sino-US trade issues on the company's products, Huacan Optoelectronics said that the amount of Chinese LED chips exported directly to overseas is very small and almost negligible. Sino-US trade issues will not affect the US-New Zealand integration.
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