Can the LED industry improve in 2014?

Li Bingjie, chairman of the LED faucet factory, said that the third quarter of the switch to Guangguang has turned into profit. The third quarter of the company also made a profit. It is expected that the profit this year will be better than last year, and next year will be better than this year. When Lee Bingjie attended the Cross-Strait Standards Forum today, he said that the gross profit margin for the third quarter was the same as that for the second quarter. Guangguang Optoelectronics, which has invested in the investment, has reached profit and loss since June, and the third quarter has been turned from a deficit in the whole season. Ying, although it is difficult to turn losses into profit throughout the year, but the burden has been relatively reduced, the overall profit performance of Jingdian will be better than last year. For the performance of the fourth quarter, Li Bingjie specifically clarified that it was estimated that the fourth quarter will fall by 15 to 20 from the third quarter, which is the industry estimate. However, as for the crystal power itself, he expects that although there is a low season, the decline should be Below the industry, performance will be better than industry. As for the outlook for next year, Li Bingjie believes that the overall industry looks like it will be bad next year, but it will be slightly better in the second half of the year. As the global lighting market continues to grow, it is estimated that the sales of crystal chips will double next year. Coupled with the low base period this year, the company's profit performance next year should be expected to outperform this year. In response to the development of the overall LED industry, Li Bingjie estimates that LED will come to an end before 2015 to 2016. It is expected that there will be two LED fabs in 2015 and three in the mainland. Jingdian itself has prepared funds for the vertical integration plan for the next three years.

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