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Design In for automotive LEDs has continued to rise in the past year, and the whole trend is still continuing today. Compared with 146 in 1H20 and 155 in 2H20, there have been 179 bidding activities in the first four months of 2021. With the existing orders, the turnover in the next 2-3 years can be said to be quite stable.
Today the global automobile revolution is only in its early stages, and it is an irreversible trend for traditional fuel vehicles to switch to new energy vehicles. In the future, cars will tend to be personalized, that is, to choose different colors, shapes, styles or applications according to personal preferences.
In the future, the number of automotive LEDs will increase. Various applications include car safety functions, communication between cars, car style settings, and so on. Smart LEDs integrated with IC and LED will be adopted.
At present, its smart RGB products have been in small-scale production, mainly testing on customer car prototypes. Once mass production starts in 2022, the profit margin will definitely be higher than that of ordinary automotive LEDs.
The shortage of chip ICs has not had any impact on production, and there is no sign of a decline in orders. Although the production activities of some car companies have been impacted, some car companies still give good guidelines on the contrary, mainly depending on the efficiency of raw material management.
The second plant No. A is expected to start production in 2022, and the third plant No. B is also being planned. However, there are changes in the construction plan, so the progress will be somewhat delayed. At this stage, it can be said that it is very busy to increase production capacity.
About 60% of its employees work in the factory, and the remaining 40% are clerical jobs in the office. More than 70% are local employees. MCO 3.0 has little impact on business, even if the government stipulates that only 60% of employees can go to work.
You will enjoy a reinvestment allowance (RA) for up to 15 years, calculated from 2020.
On the whole, D&O's business prospects are still very optimistic.
Jason u are right. D&O for the last one month, most of the days stay above rm4.00. Yesterday high of rm4,58 n low of rm4.37 , both are ONE MONTH HIGH. Cheers n keep it up...