Unity Opto Achieves Two-Year Monthly High of US$233M in June Revenue

Unity Opto’s global sales revenue in June have set up new record with a two-year monthly high of NT$7.1 billion (US$236.67 million), which mainly benefited from  the growing demand for LED TV and new production orders from its clients.

The company is full confidence of its sales outlook for Q3, as its order visibility can last through the end of September for the moment. Its revenue is expected to grow strongly along with the steady increase in orders for direct-type LED TVs and tablet products, the surge in sales of LED lighting products in the domestic market, and the large sales growth of “Honyar Technology”, Unity’s business partner in China.

One Unity executive attributes the growing orders for TV and tablet backlight products delivered by its plants in Taiwan and China to the strong backlight terminal market demands and releases of its clients’ new products. What’s more, the 3C lighting sales channels in Taiwan have started to be fitted with demonstration LED lighting fixtures from June this year, pushing up Unity’s shipments in the second quarter by 78% year on year (YoY).

According to Unity executives, as LED backlight is gradually replacing CCFLs, the LED TV penetration rate is expected to surge to 65~70% this year from 40% of last year. It is estimated that the LED TVs will amount for 80% of total TV shipments by the end of 2012, sharply up from 50% seen in the beginning of this year.

In addition, aside from South Korean TV manufacturers, Taiwanese and Chinese TV manufacturers also moved to launch new products in Q2 of 2012, and will launch direct-type TV products with energy saving functions sometime in Q3. As a result, Unity executives thought that as China’s price subsidy policy is expected to boost the LED TV sales there, the company’s LED packing business is estimated to grow further.

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