Domestic IC design industry in the first quarter has been completed results, from the first quarter results show that, in addition to the new Taiwan dollar, competitive price shock results, in order to get in hui type mobile phone, tablet computer operating costs is also dragged down the surge of business opportunities derived profit main factors, vendors must go through the operating costs, higher labor and then those who had a smart phone, tablet computer business opportunities of the fruit.
Domestic IC design companies into smart phones, tablet computer operators including touch grain rhea (3556), elan (2458), the driver IC yi (3598), silicon (8016), xu obsidian (3545), al (3034), adjust the color features of P - Gamma on IML angem (3638), the light sensor chip LingYao (3582), mediatek communication chips (2454).
But in the first quarter of this year earnings analysis, grain and rhea, yi force, silicon, in both the financial figures below market expectations, in addition to the new Taiwan dollar, reduction factors such as interference, it is including into new markets and new business opportunities required operating cost higher operating risk. And these are the companies ready prepared for a long time ago, because consumer electronics market star of smart phones and tablet computers.
To rhea is designed as an example, its first-quarter revenue of 291 million yuan, year increased by 113%, operating cost 172 million yuan, the year increased by 198%, the operating cost increase amplitude is greater than the revenue growth rate, quarterly gross profit margin on the edge of the 40% 40.81%, 57.78% and 45% last quarter from a year earlier, a sharp fall shock market, share prices just ate two drop stop, is mainly applied in touch tablet computer chip shipments surged, gross margin over 5 into the industrial use of resistive touch chip decline in the proportion of delivery; At the same time, trade competition and touch chip shipments, derived human validation cost also will increase, is quarterly profit margins sharply factor.
Despite the decline in gross margin, grain rhea camp quarterly profit rate is 20.17%, mild increase about 19.33% from a year earlier, quarterly EPS to 1.27 yuan, quarterly earnings hit a new high. According to operating continued upward trend.
According to understand, as long as the consumer electronics hetian rhea revenue proportion of up to 6 to 7, 40% quarterly profit margins will become the norm, and that is something the market must be cognitive. Regardless of hetian rhea high gross profit margin of 50% in the past, looking to the future, a new application, new business opportunities tablet is here, grain rhea customer new tablet computer models last listed, touch chip shipments amplification, April revenue to another record high.
Moreover LingYao, for example, intelligent mobile phone customers for as referred to in the new mold amortization of depreciation and other factors, led to the first quarter gross margin of 46.03%, 53.14% from the same period a year earlier, and a 49.4% decline in the last quarter. Along with the production capacity and yield increase gradually, gross margin will be out of the first quarter and quarter by quarter.
How big a tablet computer and intelligent mobile phone market? It is understood that forecast apple shipments will reach 39.7 million units this year, increase 165%, to 2015 the shipments will be up to 97.8 million units. Not apple's tablet computer camp also rapid growth, forecast the apple camp this year tablet computer can reach 19.1 million units, delivery will climb to 164 million m by 2015, far beyond the shipments. Intelligent mobile phone parts, estimate the shipment will reach 408 million this year, to the shipment of up to 758 million in 2015.
These vendors in order to preempt the tablet computer and intelligent mobile phone business, bear the risk of rising operating costs also initiation, because the two pieces of pie for everyone.
