Taiwan's Zhongqiang Optoelectronics (5371) Due to the strong demand for LED TV panels, new models of backlight modules for monitors and notebook panels have been mass-produced. It is estimated that the shipment of Q3 overall backlight modules is expected to increase by 10%.
In addition, due to the unsatisfactory supply of high-brightness LED parts, the shipment of China Optoelectronics micro-projector and LED projector Q3 will be reduced, which is estimated to account for only 9% of the total projector product shipments.
China Optoelectronics' 2010 Q2 consolidated revenue of NT$25.628 billion, a 21% increase in the quarter, combined net profit after tax of NT$1.288 billion, a 22% increase. The net profit attributable to shareholders of the parent company was 1.214 billion yuan, and the earnings per share was 1.68 yuan.
Among them, China Photovoltaic's 2010 Q2 backlight module consolidated revenue reached NT$16.586 billion, a 23% increase in the quarter, and shipments reached 21.31 million, up 7% quarter-to-quarter. The penetration ratio of LED backlight module in TV and monitor is 20% and 25% respectively.
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