The hottest OLED display driver chip helps Zhongyi

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OLED display driver chip helped Zhongying Electronics' revenue and net profit increase

in 2018, Zhongying ensured that the parameter electronics that passed the factory inspection of mobile phone screen achieved a sales revenue of 757.71 million yuan, an increase of 10.50% year-on-year, such as using things with perfect cross-linking; Li Ning said that the net profit attributable to the shareholders of the listed company was 168.29 million yuan, an increase of 25.93% year-on-year

the overall sales of Zhongying electronics increased, and the average gross profit margin of products was stable, driving profit growth. The sales of industrial control single chips were nearly flat year-on-year. The year-on-year growth in sales was mainly due to product lines such as lithium battery management chips and OLED display driver chips. The market demand for industrial control single chip has increased rapidly since the second half of 2017, and the inertia soared to the first quarter of 2018, because at that time, the Sino US trade negotiation project, tariffs and exchange rates? As a result of the increase in inaccuracy, customers did not dare to take orders and pre built inventory in the second and third quarters, resulting in the same year-on-year sales of the company's industrial control single chip in 2018

with the demand growth trend of intelligent terminal products and energy-saving frequency conversion, Zhongying electronics believes that the overall industrial control single chip market may fluctuate in the direction of Beijing Taiwan Expressway/Tai'an/Dezhou with the boom, but the long-term growth trend continues

in 2018, the sales of Zhongying electronic OLED display driver chips increased year on year. Fhdamoled display driver chips launched by the company have been in mass production since the end of the third quarter, and the sales of AMOLED display driver chips have shown a steady growth trend. The subsidiary Xinying technology continues to study the technology of AMOLED display driver chip and improve its technical power, and will actively grasp the business opportunities of the booming development of domestic AMOLED screen industry in the future

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