The automotive and lighting market demand is rising, and the operations of LED factories such as Edison and Everlight are recovering.

The demand in the automotive and professional lighting markets is slowly recovering, which has led to the recovery of LED manufacturers' operations. In the third quarter, manufacturers benefited from the National Day holiday, which saw shipments increase in advance. As a result, shipments are expected to maintain a growth trend in the fourth quarter due to year-end lows and festive factors.

Optical lens factory Redick Optics is optimistic about professional lighting and automotive shipments this year. AI-related products such as notebook cooling modules have also continued to increase in volume. Automotive and professional lighting can maintain an annual growth rate of approximately 10%. AI products will depend on customer orders and delivery status, but will also grow steadily, so revenue is expected to maintain an upward trend next year.

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LED manufacturer Edison is focusing on automotive components this year. It will expand investment in automotive components next year and will also develop other markets outside of India. It is expected that the gross profit of automotive components will increase from 10-15% to 20% next year. In addition, new market benefits will also gradually mature. It is expected that operating performance will be maintained next year, driving operating performance to continue to grow.

The third quarter of Huaxing, a manufacturer of light-emitting diode components, is a traditional off-season. However, in the second half of this year, it launched new ultra-efficient lighting products, including sixth-generation ceiling lights, low-glare ceiling lights, etc., so its revenue in the third quarter still maintains an annual growth trend. The fourth quarter will usher in the low-temperature lighting peak season, and orders will become more active. The annual revenue and profit are expected to grow significantly compared with last year. At the end of the year, the company will continue to expand overseas markets and is optimistic about operations next year.

LED manufacturer Everlight has maintained a trend of quarterly revenue growth since the fourth quarter of last year. The company continues to increase the proportion of revenue from high-value and automotive products. Since the market for automotive products is increasing, there are not many suppliers, which is a big plus for the company. In recent years, Everlight has also developed the fields of optoelectronics and power semiconductors, creating the third type of semiconductor packaging and testing products. Products, covering silicon carbide (SiC), gallium nitride (GaN) and silicon (Si) components, are still in the early stages of development and continue to improve yields, and are expected to start ramping up next year.