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Recently, the application of LED has been rapidly developed, and the market demand is strong, which has also greatly increased the profits of related manufacturers. China's Taiwan LED upstream extension plant in the new century, the first quarter of this year, the gross profit margin reached 46.7%.
Zhong Kuanren, chairman of New Century Optoelectronics, said that the new century has entered the LED market with epitaxial wafers. This year, the chip market is actively cutting into the chip market (ChiponWafer). The gross profit margin of the chip is lower than the 50% to 60% gross profit of the epitaxial wafer, so the average of the first quarter. The gross margin is about 46.7%, but it is better than the performance in the light quarter. In March, three new metal-organic chemical vapor deposition (MOCVD) machines were purchased in the new century. It is estimated that the monthly production capacity in April and May can be increased from 25,000 at the end of last year to 40,000. In line with new orders from Korean customers and Taiwanese packaging manufacturers, the new century is optimistic about the performance in the second quarter.
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