Three LED driver chip enterprises in 2021 pre-increase

LED driver chip is the constant current driver chip of LED lighting products, and also the core component of intelligent lighting, which is equivalent to the “brain” of the whole LED lighting system.  With the increasing market demand for intelligent lighting, LED driver chips ushered in the development of power.  Previously, Crystal Feng Mingyuan, Ming microelectronics and fu Man micro three companies involved in the main business of LED driver chips have released the 2021 annual performance forecast, its revenue, net profit has achieved year-on-year growth.  Overall, the market space for LED driver chips continues to grow in 2021, driven by the high prosperity of the semiconductor industry and the demand in the downstream market.

 

1.Net profit rose 858 per cent to 887 per cent year on year

 

January 15, Crystal Fengmingyuan released the results of the forecast shows that the annual net profit attributable to the owner of the parent company is expected to be 66,000 to 68,000 million yuan in 2021, compared with the same period last year (legal disclosure data), will increase 591.114 million yuan to 611.114 million yuan, a year-on-year increase of 858% to 887%.

 

Main business impact reasons:

 

In 2021, due to the products of the company LED lighting driver chip industry downstream demand, the upstream raw material supply nervous, companies use their own advantages, better solved the capacity constraints, in order to promote product delivery and product unit price and optimize the product structure, is expected to achieve business income is 2.25 billion yuan to 2.35 billion yuan for the whole year,  Compared with the same period of last year, it will increase by 114,706 million yuan to 1247.06 million yuan, an increase of 104% to 113%, and the comprehensive gross margin for the year has improved.

2.Ming Microelectronics net profit year-on-year growth of 492.87%

January 22, Ming Microelectronics announced that the performance of the announcement, 2021 to achieve revenue 125,120,200 yuan, a year-on-year growth of 138.21%;  Net profit attributable to the owner of the parent company was 647,813,100 yuan, up 492.87% year on year.

Reasons for performance changes:

The year-on-year growth of operating revenue and net profit is mainly due to the strong market demand during the reporting period and the increase of product quantity and price. Both operating revenue and net profit have increased significantly.

3.Fuman micro expected to rise in the same direction

On January 24, Fuman Micro’s annual performance forecast said that the annual net profit attributable to the owner of the parent company in 2021 is expected to be 47,000.00 yuan to 49,000.00 yuan, compared with the same period last year (statutory disclosure data), will increase 36,953.24 yuan to 38,953.24 yuan.  The year-on-year increase was 367.81% to 387.72%.

From the above three LED driver chip leading enterprises 2021 annual performance forecast, the overall revenue and net profit growth.  In 2021, the supply of upstream wafer packaging in the IC industry is in short supply, and foundry prices continue to rise, which has a certain impact on the production capacity of LED driver chips. In addition, due to the strong demand for downstream applications, the supply of LED driver chips increases, bringing market profit space for enterprises.  In the face of capacity crisis and market opportunities, related LED driver chip enterprises actively adjust sales strategy, constantly optimize product structure and customer structure, enhance supply capacity, optimize quality cost management, resulting in a substantial increase in product sales and profitability.  


Post time: Jan-15-2022