LED packaging factory Guangding said that the LED industry's overall economic downturn is quite impactful on the company's revenue. In December this year, due to the company's shipment status, it will operate according to the previously scheduled time. Therefore, it is estimated that the combined revenue in December will still be in November. It is flat and will not be affected by inventory factors. Sensor Kit,Sensors Modules Kits,Sensor Test Kits,Sensor Electronic Kit Cixi Zhongyi Electronics Factory , https://www.zypcbboards.com
Since entering Q4, Guangding's revenue performance has been unsatisfactory. In November this year, the consolidated revenue was NT$81.89 million. Although it grew 19.8% from October's 68.36 million NT dollars, the annual recession is still as high as 34.13%. Guangding's consolidated revenue for the first 11 months of this year was NT$989 million, a year-on-year decline of 16.1%.
Looking forward to next year, Guang Ding believes that Q1 next year will be affected by the Lunar New Year, plus the shorter days in February, the overall working days will be less, the revenue performance is still bearish, after the LED industry has been precipitated, optimistic about Q2 next year is Transfer point.
In addition, Guang Ding said that there is no further expansion plan, and the next step will be considered after the Q2 market is more clear next year. 