Crystal Optoelectronics specializes in the research, development, production and sales of optical imaging, LED, microdisplay, reflective materials and other related products. At present, it has formed four business segments of optics, sapphire, reflective materials and virtual display.
On April 8th, Crystal Optoelectronics (002273) released the 2015 performance report. The report data shows that the company achieved operating income of 1.182 billion yuan in 2015, an increase of 20.91% compared with 2014; the net profit attributable to shareholders of listed companies was 149 million yuan. Compared with 2014, it decreased by 2.51%.
In 2015, the world economy is still slowly recovering. The Chinese economy has entered a period of transformation and upgrading and structural adjustment, and economic growth has slowed markedly. The increasingly saturated domestic smartphone market and overheated investment in the LED industry have made the industry competition unprecedentedly fierce.
Facing the intricate economic and market environment, the company has ensured the steady development of the company's overall business by strengthening its internal management innovation, strengthening new product research and development, and cultivating new business growth points.
Crystal Optoelectronics said that in recent years, due to excessive investment in the domestic sapphire industry, it has caused vicious competition. In 2015, the price of sapphire substrate dropped sharply. The profitability of the company's sapphire business declined sharply in the second half of the year. The company has vigorously developed sapphire optical application products and has successfully cut into the fields of smart phones and smart wear. Among them, sapphire COVER products achieve mass production and contribute sales revenue.
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