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LED packaging factory Hongqi: February camp to recover temperature

May 23, 2023

The LED industry recently sent a message of demand-like recovery. LED packaging factory Hong Qi said that in terms of orders received in February, the market conditions are indeed a little better than in January, including capacity utilization and revenue, mainly IT. Orders have increased somewhat in terms of applications, but the overall situation is still relatively low. At present, the company continues to strengthen the development of auxiliary lighting related products, including NB keyboard backlight applications and lighting applications, will be the company's key development projects this year.

Hongqi's revenue in January this year was NT$120 million, and the average capacity utilization rate dropped to around 30%-40%. With the recent short-term knockout, Hong Qi pointed out that the capacity utilization rate has slightly increased, and it is expected that the revenue in February will rebound from January. But overall, the capacity utilization situation is only slightly higher than the previous water level, and it has not been significantly improved. In terms of quarterly, since the revenue in October last year was still at NT$260 million, the first quarter of this year's revenue will be more difficult to recover from the previous quarter.

Last year, mobile phone backlight applications accounted for about 60% of Hongqi's revenue, NB backlight related applications accounted for about 10% of Hongqi's revenue, and other consumer electronics and lighting applications accounted for about 30% of revenue. In terms of application areas, IT applications account for more than 80% of Hongqi's revenue. Other areas, including automotive and lighting, account for less than 20%.

However, Hong Qi stressed that LED lighting applications are the trend, and the company is actively doing this in this direction. Including NB keyboard backlight, auxiliary lighting products, etc., will be the key development projects of this year's Hongqi. As for low-temperature lighting, general indoor lighting, etc., due to the small market size, although Hongqi has developed related products, its performance is not very obvious.

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Unveiling the Magic:
1. Choosing the Right LED Lights:
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2. Strategic Placement for Maximum Impact:
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Crafting the Magic:
3. Artful Arrangement of Lights:
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Maintenance and Enhancement:
5. Regular Checkups and Upgrades:
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6. Seasonal Transformations:
Embrace the changing seasons by adapting your shadow grass display. For example, during the holiday season, incorporate colored LED lights to evoke a festive atmosphere. In spring, opt for softer tones to complement the blossoming flowers. This versatility ensures your garden remains a captivating space throughout the year.

Conclusion:
Incorporating LED lights to create magical shadow grass in your garden is a delightful way to infuse charm and character into your outdoor oasis. As the sun sets, let the enchantment unfold, casting a spell of wonder and awe over your carefully curated landscape. With strategic placement, artful arrangement, and a touch of creativity, your garden can become a magical realm where the beauty of light and shadow intertwines, creating an ambiance that captivates both residents and guests alike. Illuminate your garden, and let the magic of shadow grass transform your outdoor space into a captivating wonderland.

WOSEN is a professional manufacturer and supplier of Led Flood Light, Led Street Light, Led Solar Light, etc. For more information, please visit https://www.wosenled.com/ or contact admin@wosenled.com or WhatsApp +86-13425434349


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