Wellypower Optronics reported NT$807 million (US$26.78 million) in November 2010 consolidated revenues, up 5.66% sequentially, in which Taiwan company's LED chip packaging and CCFL businesses contributed NT$429 million and NT$340 million, respectively, to represent 53.18% and 42.24% of November revenues.

LED chip maker Formosa Epitaxy and chip packaging house Unity Opto Technology would direct their focus to China's TV market for future growth, affected from South Korea TV vendors raising their own LED capacity.

Taiwan LED packager Unity Opto will focus its sales on lighting market in 2011 after securing stable customer base in backlight market. According to Corporate chairman, C.H. Wu, the company`s lighting operation would rake in revenue of around NT$2-2.5 billion (US$66-83 million at US$1:NT$30) in 2011, up from NT$1 billion (US$33 million) for 2010 to account for 20% of the company`s total sales, up from 2010`s 15%.

Due to Samsung’s plan to roll out new LED-lit liquid-crystal display TVs in December after nearly half a year of suspension to clear its stock of CCFL TVs, Taiwan Unity Opto Technology, the major TV backlights supplier to Samsung and LG, schedules its revenue with an estimated NT$12 billion (US$400 million), to soar 70% in 2011 over 2010, aiming to control over 10% of the world market for L

It is estimated that Unity Opto Technology revenues for 2010 would reach NT$7 billion (US$228 million), up 75% from 2009, and went up to NT$12 billion, up 71.4% in 2011. In 2010, Unity’s LED backlighting TV increasing orders mainly from customers in South Korea, Japan and China, and it would continue in 2011. a leader of Unity said, Unity wanted to global market share for LED backlighting products to rise from 10% in 2010 to up to 15% in 2011, and the revenues to increase from NT$1 billion in 2010 to NT$2 billion in 2011.

Recently, Taiwan-based LED companies reported their October revenues.

Both Unity Opto Technology and Formosa Epitaxy had reduced their LED-backlit models in 2010 from 30% originally to 15-20% and 20-25%. The head of Epitaxy noted, affected adjustment of inventory by Samsung and LG, their ESP of ED-backlit TVs' market in 2010 would slip.

As Inventory adjustments by panel makers and lower inventory of CCFL panels and CCFL TVs, most Taiwan LED packagers, chipmakers August revenues become lower than last month. LED chip packaging Unity Opto Technology August revenues slip 4.6% but up 58% on year to NT$670 million (US$20.979 million). The total income in 2010 until August 31 reached NT$4.62 billion, which more NT$4 billion than the whole 2009.

Taiwan’s LED packaging company Unity Opto Technology reported the final finance result of the first half of 2010, which includes consolidated net profit of NT$661.728 million (US$20.65 million) with an EPS of NT$2.15. Consolidated revenues of Unity Opto is NT$3.906 billion and unconsolidated revenues is NT$3.25 billion.

Chicony Power Technology, a subsidiary of Chicony Electronics, plans to work with a Taiwan LED chip packaging company Unity Opto Technology by investing NT$400 million (US$12.5 million) to acquire zero-interest 5-year convertible bonds. Cooperation between the two companies hopes to aim the LED backlight units using in LCD TVs and TV power supplies through the investment.

LED manufacturers are shining at 2010 Shanghai Expo in China, showcasing innovations such as the world’s largest LED screen at the grand opening. At the exhibition, Neo-Neon International Ltd is providing the LED lighting techniques seen in the 2,300-unit system on the Expo Culture Center’s performance stage.

Recently, Taiwan's LED makers, coordinated by the government-backed Industrial Technology Research Institute (ITRI), have set up a consortium comprising manufacturers of all related sectors.

Owing to increasing LED backlight module shipments, Unity Opto Technology Co., a Taiwan-based LED chipmaker, expects to continue to post record high revenue in July, the Taiwan Economic News reports. According to Unity Opto chairman C.H. Wu, business of LED backlight for panels accounts for 55% of the company’s total revenue. With flooding orders, Wu said, Unity Opto’s revenues in July, August, and September are expected to continue to hit record highs.

Spurred by medium to large-sized LED backlight order, Unity Opto Tech's Q3 margin rose significantly, with Q3 revenue forecasted to reach $39 million.

According to institutional investors, Taiwan-based Epistar Corp. and Unity Opto Technology Co. are both expected to post increased sales for July from June, the Taiwan Economic News reports.

Due to increasing global demand of LED (light emitting diode) for TV backlights, Unity Opto Technology Co., a Taiwan-based LED supplier, had recorded a single-month high of NT$340 million (US$10.378 million at US$1: NT$32.76) in sales for June, up by 78% from last June or 5.52% from May, according to company sources.

Taiwan government is planning to invest NT$50 billion (US$1.48 billion) to the adoption of devices powered by renewable energy and green industries, including LED, as part of its NT$500 billion public construction program, reported the Chinese-language Economic Daily News yesterday, citing Minister of the Public Construction Commission Fan Liang-shiow.

Taiwan’s major LED markers have all seen their March revenue surging beyond expectation, with Formosa Epitaxy Inc. taking the lead with a 68.5% rise from February. Epistar Corp. and Unity Opto Technology Co., Ltd also post robust revenue records.

The February revenue of LED suppliers of Taiwan which sell most products to China mainland has grown substantially due to the sudden demand surge in low-price IT products in that market.

The LED sector in Taiwan generally had weaker-than-expected sales in April despite players' optimism that orders would be picking up in the second quarter.LED packagers Unity Opto Technology and Harvatek saw their April sales drop sequentially.Unity said shipments of applications for LED backlighting dipped in April amid clients' inventory adjustments. The company's April revenues declined 4.6% sequentially to NT$292 million (US$9.58 million), which nevertheless represents a 24% on-year increase.