The vehicle and power supply related diodes are booming, the diode factory is blowing up the price increase, and the Hongyang Development Technology-KY is priced at 7% to 10% for the demanding products in the first quarter of this year. The company locks the automotive market and the vehicle rectifier components. The LED taillights have been used in India's Honda (HONDA), Ford (Ford) and Renault (Renault) and other famous brand car manufacturers. It is estimated that shipments will gradually increase, and the Hongyang-KY target In 2020, the revenue of automotive diodes accounted for 10%.
The prices of raw materials have soared, and the global semiconductor manufacturers have consolidated the wind, so that the diodes have been in short supply since the end of the third quarter of last year. The diodes in Taiwan, such as Dimension Mao, Hongyang-KY, and Dewei, have gradually increased their quotations. The increase was about 10%, and Hongyang-KY also increased by 7% to 10% in the first quarter of this year.
Hongyang-KY acquired Taiwan's Baofeng Electronics in the fourth quarter of last year. On January 2 this year, 70% of the shares were acquired and delivered. Since Taiwan's Buffing Electronics mainly produces 3 and 4 inch wafers, it has the advantage of wafer processing. It can meet the demand point of Hongyang wafer process R&D. The integration of the two parties will enable Hongyang to complete the layout of the complete wafer process and have the competitive advantage of the wafer process. Despite the shortage of silicon wafers in the market this year, Hong Yang-KY estimates that the amount of wafers used in the first half of the year will not be scarce. The company's goal is to achieve a one-month profit and loss in the second half of the year.
After moving up the solar diode field, Hongyang-KY actively entered the automotive market. The current products include: driving record navigation, reverse assist display, tire pressure detection, vehicle audio and video, advanced lighting, charging, air conditioning control, digital instrument panel. /In-vehicle electronic equipment system products such as driving information, last year, the company has completed dozens of products to complete the AEC-Q101 self-declaration procedure, and has also gained in the market development part. Its rectifying components for vehicles have successively entered famous automobile factories. In the United States, Chrysler (Chrysler), South Korea's Daewoo (Daewoo), Hyundai (Hyundai) and other car manufacturers. In terms of LED taillights, it has been used in India's Honda (HONDA), Ford, Renault and TATA cars, and it is estimated that this year's automotive product shipments will be gradually increased. The company's goal is that in 2020, automotive diodes account for 10% of revenue.
Hongyang-KY's consolidated revenue last year was 2.085 billion yuan, an annual growth of 7.25%. The company initially estimated that last year's profit was similar to that of the previous year. This year it looks very good, but since the company is still adjusting, the company will work hard this year. Better than last year.
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