The Transient Voltage Suppressor (TVS) is a high-performance protection device in the form of a diode. When the two poles of a Tvs Diode are subjected to a reverse transient high-energy shock, it can change the high impedance between the two poles to a low impedance at a speed of the order of 10 minus 12 powers, absorbing up to several kilowatts of surge power. The voltage between the two poles is clamped to a predetermined value, effectively protecting the precision components in the electronic circuit from various surge pulses. Transient Voltage Suppressor Transient Voltage Suppressor,Tvs Diode,Tvs Diode Ethernet,Tvs Diode For Automotive Dongguan Agertech Technology Co., Ltd. , https://www.agertechcomponents.com
"The reaction in the capital market is somewhat excessive and there is still some distance from the outbreak of the LED market, but it is undeniable that the turning point of the industry has arrived." An analyst who declined to be named said in an interview with the "Daily Economic News" reporter.
Thanks to the recovery of the industry, listed companies such as Sanan Optoelectronics, Qinshang Optoelectronics, and Jingsheng Electromechanical Co., Ltd. have all launched their own expansion plans. In this regard, industry insider Zhao Fei said that the significant expansion of LED investment in 2010 caused the industry to be in the embarrassing situation of overcapacity in the next two years, and now the industry should do more integration on the industry chain, rather than a lot of direct investment.
Significant signs of industry recovery this year
According to data from the Semiconductor Light Source Industry Association of Guangdong Province, orders for LED companies have been in good condition this year, up by 20% to 30% from the same period of last year. Foreign trade is better than domestic sales, and profits have fallen slightly, but the difference is not significant. There are obvious signs of industry recovery.
According to the quarterly report of 2013, the total revenue of the 25 key companies in the LED industry was 9.889 billion yuan, up 12% year-on-year, and the total net profit was 719 million yuan, a year-on-year decline of 3%. Among them, the reduction in subsidies is one of the reasons for the decline in net profit.
"The semi-annual report data will be better," said the analyst. He explained that after experiencing two years of price cuts and closures, the LED industry is more rational than before, and with the favorable policies everywhere, the future will surely usher in a small peak, but this does not mean that LED can In the short period of time, the market will be a steady growth trend.
In terms of prices, Zhao Fei said that the price cuts in the previous two years have reached a certain stage. Although prices will continue to fall this year, the rate is relatively small, and the situation of increasing income without increasing profits is expected to change.
Since 2013, LED frequency policy has been favorable. In January, the Ministry of Finance issued the â€œCircular on Adjusting and Promulgating the 13th Issue of Government Procurement List for Energy-saving Productsâ€. The adjusted procurement list added lighting products for the first time, involving a total of 84 companiesâ€™ LED streetlights/tunnel lights, LED downlights, etc. Reflective self-ballasted LED light three products; February, six ministries jointly issued the "semiconductor lighting energy-saving industry planning"; In addition, Jiangxi, Fujian, Guangdong and other places have introduced policies to support the development of the LED industry. This is also regarded as one of the important factors for the LED industry to usher in an inflection point.
According to a research report by CSC, the global LED industry's production capacity expanded significantly in 2010, resulting in continued weak demand for downstream applications for the next two years and an imbalance in market supply and demand. In 2013, this irrational and disorderly investment sentiment ended and the industry became healthier. However, the report warned that market competition is still fierce and product prices will continue to decline.
The industry said the LED or the current tide
Strong market demand is bound to stimulate the industry to further expand production capacity. Zhao Fei said that it is difficult for the LED industry to see the "grand" of large-scale direct investment in 2010. Companies are using their own advantages to integrate the industry chain.
The aforementioned report of CITIC Construction also expressed its recognition of this view. According to the report, people with resources are beginning to lead the consolidation. In the foreseeable future, grouping and integrating resources can lead to a stable operating system and the development of its own advantages to further reduce costs and reduce selling prices.
In fact, LED expansion, mergers and acquisitions case is being staged.
After Sanan Optoelectronics announced that it had abandoned the issuance of RMB 6.3 billion and suspended the second phase of the Wuhu Phase II project, the company would like to re-plan and start the project, tentatively raising funds for the project in a definite manner. In more than 10 trading days, Sanan Optoelectronics' share price has nearly doubled.
Lin Xiucheng, chairman of San'an Electric, told reporters that the planning for the second phase of the Wuhu project has been completed and the construction of the plant is completed. The funds are waiting to be purchased. At present, the company has a total of 144 sets of MOCVD major equipment, reaching a production rate of about 85%. If Wuhu Phase 2 is launched, the production capacity will double. For the outside world on the epitaxial wafers, chip overcapacity claims, Lin Xiucheng denied.
Coincidentally, Jingsheng Electromechanical recently announced that the company plans to use 80 million yuan of over-raised funds and Central shares (Indonesia, capital, stocks, and medical consultations) to establish Inner Mongolia Crystal Ring Electronic Materials Co., Ltd. in Inner Mongolia to invest in and construct an annual output of 25 million mm sapphire Crystal rod project.
In addition, Lixu Liang, chairman of Qinshang Optoelectronics, stated at the 2012 general meeting that the company wanted to build 1,000 sales terminals this year. In this regard, Zhao Fei said that in the short term, the terminal layout is difficult to bring great improvement in performance, if the financing is smooth, it will help the company's long-term development.
The Transient Voltage Suppressor (TVS) is a high-performance protection device in the form of a diode. When the two poles of a Tvs Diode are subjected to a reverse transient high-energy shock, it can change the high impedance between the two poles to a low impedance at a speed of the order of 10 minus 12 powers, absorbing up to several kilowatts of surge power. The voltage between the two poles is clamped to a predetermined value, effectively protecting the precision components in the electronic circuit from various surge pulses.
Transient Voltage Suppressor
Transient Voltage Suppressor,Tvs Diode,Tvs Diode Ethernet,Tvs Diode For Automotive
Dongguan Agertech Technology Co., Ltd. , https://www.agertechcomponents.com