Edison Revenue Down in September

Taiwanese LED packaging manufacturer Edison’s consolidated revenue for September experienced a monthly decrease of 18.89 percent to reached NT$235 million (US$8 million), but grew at a YoY rate of 34.76 percent  a monthly decrease of 18.89 and YoY growth of 34.76 percent. Performance last month September was affected by the lengthy holiday season which included Autumn Festival and National Day holidays.In addition, acquisition of badly priced orders, there was a clear decline in September revenue. Combined revenue was NT$2.1 million from Jan.-Sept. 2013 , a growth of 16.3 percent compared with 2012. 

September revenue was only slightly affected by the holiday season and fewer working days, said Edison . The upcoming National Day holidays had lead to Chinese clients stopping shipments early which had  affected revenue performance. Utilization rate for September reached about 80 percent last month , including COB utilization being higher than the average value and, while PLCC components were lower than the average value. Order visibility  rate during September was about 2-4 weeks.

Edison has begun screening badly priced orders. Not only can badly priced orders affect September revenue, it can also influence October revenue performance. 

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.
New XLamp® S Line LEDs enhance growth, last longer, lower energy costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high efficacy and long lifetimes. Whether you are interest... READ MORE
Cree LED delivers superior brightness, light quality and efficiency for portable applications. Our XLamp® LEDs are ideally suited for torch, flashlight, tactical flashlight, head lamp, bike light, weapon light and lantern portable applicat... READ MORE