Baishi Optoelectronics' counter-trend growth Q3 revenue increased by over 50% year-on-year

[High-tech LED News] Baishi Optoelectronics' 2011 Q3 revenue reached a new high, with a year-on-year increase of over 50%. Among them, the display light source packaging products Q3 revenue increased by 65%. In the context of the decline in profits of the entire LED industry and the continual emergence of the tide of bankruptcy, the performance of Baishi has grown against the trend and caused widespread concern.

It is understood that Baishi Optoelectronics adjusted its industrial structure a year ago, increased its investment in display light sources, and expanded its production scale in Sichuan base. In September this year, Baishi invested nearly 10 million to introduce international advanced packaging equipment to enhance its production capacity. In the third quarter, LED packaging increased by 207,724K, an increase of 122.9%.

Wang Peng, general manager of Baishi sales, said that the company realized the transfer of production line a few years ago. It established the Baishi Industrial Park in Suining, Sichuan, and has developed into the largest LED light source enterprise in Southwest China. In 2010, the lion and lion were inserted. The market share of display light sources has been the industry's first.

Wang Peng believes that the current industry competition has been “incincating”, and LED companies with technology and scale will eventually survive in this “corner fight”. This is also the inevitable development process of each industry. After the big waves, it’s left behind. They are the best companies in the industry.

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