Most Taiwan LED companies' September revenues were lower compared to that in August

Affected from inventory adjustment in the LCD TV segment, most Taiwan LED companies’ September revenues, included Everlight, Bright, Harvatek, and Lextar, had been lower compared to in August.

Everlight Electronics’ revenues dropped 14.04% sequentially to NT$1.402 billion (US$45.17 million). But 3Q revenues reached NT$4.757 billion, up 6.63% for a new quarterly record. Revenues in the first nine months increased 61.85% from 2009 to NT$12.805 billion. The company thought the rest of 2010 was conservative and projects flat growth in October revenues. Due to seasonal effects, Everlight's sales in November and December could contract again.

Because demand from TV backlight applications was lower than expected, Harvatek revenues dropped 3.3% on year to NT$378 million.

As the same, following weaker-than-expected demand from China's street lighting and global TV sectors, Bright LED Electronics September revenues were registered NT$436 million, dropping by 10% sequentially. The company has been seeing stronger orders for LED street lights with shipments likely increasing to 3,000 units in October from 2,000 units in September.

Similarly, Lextar Electronics’ September revenues had slid 11.93% to NT$803 million, but went up 181% on year. 3Q revenues rose 10.88% on quarter and 212% on year to NT$2.64 billion.

However, Chip packager Ligitek Electronics’ September revenues increased 20% sequentially, with successfully breaking into the TV-backlight supply chain. The company expected that October Shipments were expected to rise further with new capacity going on line and capacity continues to be fully utilized. October revenues would exceed NT$100 million and a 20% sequential rise.

Be benefit for four main product lines - camera modules, LED products, input devices and power supplies - all set record monthly sales with on-year growth of 77%, 35%, 22% and 10%, Lite-On Technology’ September revenues reached NT$11.03 billion for the second highest total in company history, and 3Q revenues were NT$31.86 billion, up 20% on year.

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