Lighting market prices are under pressure from Ronda’s May revenue

LED vertical integration plant Longda announced that its revenue in May was NT$1.18 billion, down 5.4% from April, mainly due to the conversion of new and old models in the backlight market and the price pressure of the lighting market.

Ronda said that due to the conversion of new and old models in the backlight market and the overall price pressure of the lighting market, the revenue in May fell slightly. In the backlight application, due to the current model conversion period of the product cycle in the first half of the year, backlight revenue A little weak, will continue to introduce HDR high contrast LED and WCG wide color gamut LED products, becoming the main product of high-end backlight applications in the second half of the year.

In the lighting application market, Ronda's lighting products are still in the product line of major OEM customers in Europe and America with its high-quality flat lamps, high-efficiency lamps and light bulbs with design tastes. The technical strength has become a stable partner for international lighting customers.

However, in the lighting component products, some models of Ronda appeared in the shipment deferral effect in May; the lighting component market faced the pressure of price reduction in the market, and Lunda took advantage of the one-stop advantage to focus on the development of high-end or technical lighting components and Modules to avoid the price competition market with large and low standards.

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