Taiwanese LED manufacturer Huashang Optoelectronics held a shareholder meeting yesterday (19th). The company still suffered losses last year to make up for the loss of 2.453 billion yuan (NTD, the same below). The shareholders' meeting will sell the investment subsidiary Huaxin Branch to hold shares. More than 5.981 million shares were sold in the open market at market price in batches; this year's operations have gradually achieved results with the development of niche products, and strive to turn for profit.
Huashang expects LED industry to go out of the bottom this year, but blue and white LEDs will still face price competition. Therefore, Huashang has finished producing blue LED chips, betting resources in quaternary LED and infrared products, predicting that Blu-ray will be invested by new capacity of mainland chip factories. Although the market conditions will not be bad again, Taiwanese companies are not easy to make money, and they are eroded by low-price competition.
The company emphasizes that product transformation is expected to gradually see results. Last year's after-tax loss of 159 million yuan converges from 266 million yuan in the previous year. This year, it will strive to turn from profit to profit, mainly in resources placed on high-margin products. The basic LED products include high-priced markets such as automotive and Internet of Things, and expand the existing product lines to increase the development of invisible products, to open up new niche applications, and strengthen the product line of stable profit in the four yuan and infrared.
PCD Drills
PCD drills used to drill through holes or blind holes in solid materials and to ream holes in existing holes. Commonly used drill bits mainly include twist drills, flat drills, center drills, deep hole drills and nest drills. Although reamer and boring drills cannot drill holes in solid materials, they are customarily classified as drill bits.
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Samples can be provided before mass production, and MOQ can be discussed accordingly.
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ABOUT US :
We are specialize in manufacturing PCD diamond tools and Carbide tools. Our major product inclulde PCD Inserts , PCD Reamers , PCD End Mills, PCD Taps, Cabide Inserts,Carbide Drills, Carbide Reams, Taps etc.,
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Our best selling of cutting tools include PCD Inserts, PCD End Mill, PCD Ball Nose Mill, PCD Reamer, Carbide Taps , Carbide End Mill, Special Form Cutter and many more. For these years we have been made a large forward in the technologies of manufacturing cutting tools. With high quality on performance and price, our product sells well both on domestic and overseas market. And we will always focus on the quality and best service, to make long business relationship.
quanlity control:
We have dedicated team of quality control and precise equipment to keep good and stable performance for our products and processing services.
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