Difficult to stop the depression of LED house lighting market in South Korea

Difficult to stop the depression of led house lighting market in South Korea

South Korea LED lighting Products manufacturer Samsung LED and Seoul semiconductor ( Seoul Semiconductor ) is difficult to block the market economic depression, the third season just passable, LED high bay market conditions continued to worsen, the future prospects of intense darkness without light.

The Samsung LED battalion of the third season to358200000000 won ($325000000), at the beginning of 2011to third season so far, cumulative revenue only956200000000 won ($866000000), is expected to contain the fourth quarter of 2011total revenue of about and in 20101320000000000 won ($1197000000) quite. The Samsung LED did not open for the third season business interests, but it is certain amount far below the break-even point, at the beginning of 2011the expected high growth trend, led house lighting, only reaching less than half of the target.

Seoul semiconductor also published third quarterly performance, revenue and operating profit respectively is166100000000 won ($151000000) and6800000000 won ($6160800), led house lighting,  compared to the same period in 2010decreased by 40% and85% compared to the second season, reduced by 20% and62%. Seoul semiconductor annual revenue expectations, from the beginning of the year1100000000000 won ($998000000) revised down to 735000000000 South Korean won ($667000000), the business profit more from130000000000 won ($118000000) substantially revised for the34000000000 won ($30838000). Although the turnover in 2010 compared with the growth of nearly 20% business interests, but reduced to 1/3.

The Samsung LED Grow Lights and Seoul semiconductor operating state is poor performance, and backlight module ( Backlight Unit ) market situation deteriorated enough. In particular, led house lighting, the global economic crisis still resonates today, lighting market have to downgrade consumption demand. Seoul semiconductor standing Pei Chengxun ( translation) says, at present Seoul semiconductor lighting business accounted for the overall proportion of revenues grew up, in anticipation of future revenue and earnings will gradually achieve a balance. led house lighting, But the market is hard to predict, we must develop a revolutionary new technology and the improvement of production mode, in order to promote the growth of enterprise performance.