LED sapphire substrate demand declines Taiwan Semiconductor Optoelectronics Q1 profit reduced by 95%

This year, Q1's LED sapphire substrate demand and unit price are both lower than the same period of last year. In the first quarter of the peak, the profit from Taiwan's foreign investment subsidiary Taiju Optoelectronics also dropped sharply. According to Yuefeng's financial report, Taiju Optoelectronics' first quarter of this year The profit contribution was only NT$13.8 million, a decrease of 95.44% from the 303 million yuan in the same period last year.

The Taiwan factory and the Kunshan factory of Yuefeng parent company are both losing money, resulting in a loss of NT$2.24 million in a single season before tax. Fortunately, the income tax benefit is NT$2.53 million. Therefore, the company barely holds a profit of about 300,000 yuan in a single season. New Taiwan dollar, almost at the edge of the loss. However, Yuefeng said that the performance of passive components and sapphire single crystals in the second quarter will be better than the first quarter, and the single season should be profitable.

Yuefeng said that the operation of Taiju Optoelectronics has already bottomed out in the third quarter of last year. Customers have started to replenish their stocks since the fourth quarter of last year. In the first quarter, although there are the off-season factors of the lunar calendar, they also see the backlight. The demand for the market is slowly warming up. Now, in the second quarter, the demand for the market has added lighting demand. The order visibility of Taiju Optoelectronics has been seen in June.

Yuefeng pointed out that Taiju Optoelectronics has developed a 120kg grade crystal growth furnace and has become one of the major suppliers of large-size sapphire single crystals in the world. It has also stepped out of the domestic market and obtained customers from North America, Japan and South Korea. Therefore, the performance outlook is still positive.

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