Power plant Lide said that in 2012, the overall operational focus will be on the improvement of gross profit margin and profitability, including material cost savings, automation and other proportions, and the adjustment of product mix through new products, the gross profit margin has been improved. In 2011, Q4 began to see results, and this year Q1 will have more significant results.
Lide said that the major international manufacturers are on the list of Lide's customer base. As the industry grows, Lide's operations will continue to rise. However, what Lide is looking forward to is the growth momentum of the new business group.
Since LED lighting still needs to stabilize and change voltage through power converters, it has become a new field for power supply suppliers. Lide established the LED business unit last year and officially stepped into the power supply driver for LED lighting products. It has been with Japan, the United States and Europe. In cooperation with major manufacturers of lamps and lanterns, as the gross profit margin of new products is higher than that of existing products, as the proportion of revenue is higher, the overall gross profit performance will also have a positive effect.
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