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The data shows that the four upstream chip companies have all disclosed the three quarterly reports. Among them, Huacan Optoelectronics' performance growth rate is quite amazing. In the first three quarters, it achieved operating income of 520 million yuan, a year-on-year increase of 153.08%; net profit of 74.824 million yuan, an increase of 738.85%.
The midstream packaging industry still maintains a stable performance growth rate, but overall it is slightly inferior to the upstream and downstream, which also reflects the increasingly fierce internal and external competition environment in this field. Most of these companies maintain a 30% to 40% growth rate.
LED downstream applications have performed well. Among the companies that have disclosed the semi-annual report, only one company has a negative growth rate. In terms of segmentation, the profitability of the display industry is much better than that of the lighting industry. Industry analysts believe that the traditional lighting business has seen a significant decline this year, dragging down the overall performance of the lighting company. 
Overall performance of LED listed companies in the third quarter of 2014
Up to now, the three quarterly reports of A-share LED listed companies have been announced. According to the data released by the third quarterly report, the first three quarters of the performance report released by LED listed companies did not differ significantly from the previous forecast. Most of the company's operating income and net profit increased significantly; only a few companies experienced operating income growth and net profit decline. In the case of the LED industry as a whole.