Capacity of Edison in Q2 is Fully Loaded with the Large LED Order from Mainland China

The energy-saving lamp manufacturers from mainland China are actively transforming from the traditional energy-saving lamps to LED lights, Epistar and Edison top in this transformation, Epistar has cooperated with downstream packaging factories to provide light engine; and Edison received a big order from the energy saving lamp manufacturer from mainland China, so that the capacity of Edison in the second quarter is fully loaded.

Mainland China is the world's largest production base of energy-saving lamps, its global market share is more than 80%. As the price of LED bulbs fell to below $ 10 in mainland China, the price of LED bulbs to replace 40-watt incandescent lamp in April is $ 9.8, so many continental manufacturers of traditional lighting and saving lighting devices have joined the LED market this year.

Jianrong Wu, the Chairman of Edison, said that LED is the largest application in LEDTV by now, but the next growth momentum relies on the replacement of energy-saving lamps, the mainland started the replacement of energy-saving lamps with LED lights in the fourth quarter of last year.

Jianrong Wu estimates that 50% of the energy-saving lamps will be replaced 50% by 2015. It is understood that Edison has received a number of orders from energy-saving lamp factories, and it decided to increase its production capacity by 40%.

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