Dongbei's July revenue growth slightly optimistic about Q3 performance

Taiwan's Dongbei Optoelectronics consolidated revenue of 614 million yuan in July (NTT, the same below), a slight increase of 1.75% compared with June, TV demand slowed, touch and lighting products warmed up, preliminary estimates for the third quarter results will continue to grow .

Dongbei said that the shipment performance in July was affected by the adjustment of inventory by South China TV customers, and the overall TV backlight demand decreased. However, the touch backlight products have been mass-produced since July, and there is a monthly increase. The shipment of LED lighting fixtures The sales in Europe and the United States increased, and sales grew steadily. Therefore, the consolidated revenue in July maintained a small growth compared with the previous month.

Looking forward to the third quarter, Dongbei said that the overall LED backlight demand, although the TV adjusted inventory and demand slowed down, affecting the third quarter results, but in the touch backlight products, after the new and old models alternate, the new stylus And flat products have been released one after another, and the third quarter has been ordered to mass production.

In addition, LED lighting is on a quarterly basis, European and American customers have increased their acceptance of energy-saving products, and new outdoor streetlights and streetlight module products have been certified. Shipments will begin in the third quarter, and lighting performance will grow compared to the second quarter.

Dongbei said that overall performance, TV demand slowed, touch and lighting products increased month by month, it is estimated that the third quarter performance continued to grow.

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