Since June 2016, many LED display manufacturers have raised their display prices. The price of the LED industry has been one after another. Many upstream chip and midstream device manufacturers have adopted structural price adjustments, which has ended the LED industry’s self-reliance. After ten years of price declines for several consecutive years. The first quarter was the low season for the LED industry in previous years, and many companies continued to increase the prices of some products once again confirmed our previous judgment. This price increase trend in the LED industry has lasted for nearly a year, and we are all optimistic about the continuous release of downstream demand and the improvement of advantages.

　

The company's product sales are strong, and the top manufacturers are even more obvious. Shenzhen Lianchengfa is a well-known LED chip company. After several years of professional investment in equipment and R&D, the company's scale and technical advantages have been very clear and transparent. It is in a leading position in the industry in terms of cost and its gross profit margin is significantly better. Other companies in the same industry.

 

At present, Lianchengfa has advanced R&D technology and high-quality service quality, coupled with its popularity in the past few years. Therefore, the application areas of Lianchengfa LED products are still further penetrating and expanding, such as general lighting, small-pitch LED display, outdoor LED display, indoor LED display and other fields have continued to grow. With the increasing shortage of production capacity in recent years, it is expected that the company will continue to put in new production capacity in 2017.

 

Another one is the steady development of Lianchengfa's integrated circuit chip business. Although the progress of Lianchengfa's integrated circuit chip business is not as expected, it is still in the process of steadily advancing. Judging from past experience, the company has participated in hundreds of customer design projects, dozens of chips have passed performance verification, and many customers have begun to ship. Compared with traditional semiconductor materials, gallium arsenide and gallium nitride semiconductor chips have many excellent properties, and have occupied more than 75% of the market share in the application field of communication equipment. With the increasing growth of data transmission, the future market space for LED displays is It's bright. The company has started this business since 2010 and is expected to enter the performance contribution stage during this perio