Lextar Receives Large Orders for Its LED Tube from Europe and America

The medium power LED has risen up in lighting applications, international enterprises are looking for Taiwanese manufacturers with advantages in medium power products as cooperation partners, previously there was news that Epistar and Everlight received OEM orders from international manufacturers. It is reported that Lextar also receives orders for its LED Tube from European and American manufacturers. The medium power has begun to infiltrate LED street lights, and the penetration rate will increase next year.

It is understood that Lextar's OEM orders from Europe and America have recently increased. In the past, Lextar had mainly taken orders from Japan. European and American lighting manufacturers also have looked for partners in Taiwan, in order to increase the advantages in the channel.

The gross profit ratio of Lextar's orders from Europe and America is better than that of orders from Japan, which is conducive to gross margin improvement in the future. Legal person forecasts that Lextar's earnings per share (EPS) this year is about 2.4 to 2.5 NTD.

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