Silan's micro LED power supply market share is targeting more than 10% this year

Shi Lanwei, the director of the board of directors, said that the LED power driver revenue last year was tens of millions. In this year, he strived to achieve a market share of 10%-15%, and achieved a 30% market share in the next 3-5 years.
Chen Yue further said that the company mainly makes drive ICs in small power LED power supplies, such as 3, 5, 7 watts and other small power drives, and a bulb drive with a lighting driver IC. The Moso Power supply is a complete set of power supplies, mainly based on high-power power supplies, and basically relies on imported driver ICs.
According to industry research data, lighting continues to be hot. In 2014, the output value of LED lighting will reach 17.8 billion US dollars, and the total number of LED lighting products shipped will reach 1.32 billion, a 68% increase from 2013. If the company's market share and a bulb are calculated with a lighting driver IC, the LED power driver market will be close to 200 million this year, and will approach 400 million in the next 3-5 years.
For the LED power supply to drive the gross profit margin, Chen Yue replied that LED power supply has two parts of design and manufacture. The gross profit margin of pure manufacturing is more than 20%, and the gross profit margin of product design is higher. I hope that the gross profit rate of newly developed products will reach 30% or more. In the future, there will be a trend of price cuts.
A brokerage researcher believes that LED lighting drives a huge market space in the future, and demand is in an outbreak period. The company will increase R&D investment and complete the market layout of core products.
The company's third quarterly report announced that the company's operating income was 1.168 billion yuan, an increase of 20.58% compared with the same period of the previous year. The net profit attributable to shareholders of listed companies was 78 million yuan, an increase of 404.474% compared with the same period of the previous year.

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