LED lighting performance climbed Ronda Q2 revenue season increased by 32%

[High-tech LED News] AUO Group's LED manufacturer Longda Electronics (3698) consolidated revenue in June was NT$760 million, a slight decline of 3% from the previous month. Q2 consolidated revenue was 2.38 billion yuan. 32.2%. Ronda has now applied for listing on the Taiwan Stock Exchange and will be listed as soon as possible in September.

Ronda said that despite the weak market demand for backlight applications, the decline in revenues in June was significantly reduced in the early deployment of lighting products and customers. LED lighting application products have become the main force of the company's performance, and half of the lighting products are shipped to Japan. The company's lighting revenue has reached 30%, and it is expected to rise to 40% by the end of the year.

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. At the same time, the company will continue to expand production. Before the end of the year, the MOCVD machine will reach 80 units and the output will reach 8.5. Billions.

Ronda actively rushed into the field of lighting. At present, it cooperates with the top 5 international lighting manufacturers in the OEM mode to provide related products such as lamps, lamps, etc., and also actively introduces various new products such as COB and optical engines in the lighting module. .

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