Edison Expands Production While Client Orders Remain Guarded

Taiwanese LED package manufacturer Edison Opto consolidated revenue for November reached NT $213 million (US $7.2 million), a monthly decrease of 2.23 percent but yearly growth of 32.2 percent. With the year drawing to a close, clients are observing the market before ordering. December revenue is forecasted to remain level.

The company has undergone expansion this year, which concluded at the end of 3Q. Areas expanded included PLCC monthly production which increased to 300kk and COB which was enlarged from 500k to 1.5kk. Production capacity expansion effected revenue for main operations, driving accumulated revenue for Jan.-Nov. to NT $2.53 billion, a yearly growth of 18.99 percent.

Price competition for LED lighting persists as clients continue to compare prices. With one month left in the year, clients hold out for new product releases and observe the market before placing orders, so orders remain guarded. Utilization rate is current around 70 percent. Order visibility is one month and is estimated to become clearer after March next year.

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