Powerlink Electronics (3080) Q1 consolidated revenue of 1.952 billion yuan, a quarterly decrease of 2.2%, an annual increase of 83%.
The decline in the profit margin of Power Alliance Q1 was mainly due to the decrease in the unit price of CCFL and the increase in the proportion of LED package products with lower gross profit margin.
At present, the power packaging capacity of Power Alliance LED is about 120 million pieces per month, and it is expected to expand to 200 million pieces per month by the end of the year.
In the first quarter of 2010, the share of LED products of Power League has been increased from 19% in the previous quarter to 32%. The current revenue of CCFL products has decreased from 78% in the previous quarter to 64%. The proportion is about 4%. As notebook NB and small-size backlights are rapidly being replaced by LEDs, Power League said that Q2 will evaluate the expansion of LED packaging capacity based on market demand.
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