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The overall profitability of lighting companies is expected to return to a reasonable level
From a cost perspective, LED lamps have already achieved a level of complete replacement of energy-saving lamps in the field of general lighting. The growth rate of the future market will exceed the price decline, and the overall profitability of general lighting companies is expected to return to a reasonable level, especially for downstream application production companies. Taiwan's LED maker Jingdian's revenue in the third quarter fell short of expectations, mainly because the traditional customers (Samsung), which indicated the business, cut orders. However, the traditional off-season of the lighting market in the third quarter led to an abnormal decline in revenue. Compared with Jingdian, Yiguang successfully entered the Xiaomi and Huawei backlight supply chain, achieving a good performance in the off-season.