LED TV Shipments to Boost Everlight 2Q Revenue by Double Digits

Everlight’s LED TVs have been very successful lately, according to Infotimes. The company has received orders from new Japanese and Chinese TV clients this year and already began shipments in 1Q14. Mass production will officially start in 2Q14. 

Everlight has already seen profitable results on the back of strong LED lighting demand  and successful development of their in house LED lighting brand. Everlight is optimistic 2Q14 performance will remain strong. Performance in 2Q14 has the opportunity to show double-digit growth compared to the previous quarter. Everlight’s LED lighting business is estimated to make up around 30 percent of their overall revenue this year. 

Everlight’s fiscal 2013 consolidated revenue reached NT $24.73 billion (US $817.6 million), with operating margin hitting NT $6.18 billion, and NT $2.01 billion for operating income. Earnings before tax were NT $1.93 billion and NT $1.46 billion after tax, with EPS of NT $3.51. The product lines that did the best included backlighting, lighting, and traditional components, said Everlight Chairman, Robert Yeh. Revenue recognition for lighting subsidiary WOFI officially began last August and will continue this year. The company therefore estimates that revenue this year will reach a new high, and also expects higher profits than last year. 

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

XLamp® XP-L Photo Red S Line LEDs Deliver High Efficiency for Horticulture Applications Revolutionizing Horticulture Lighting with Cree LED Cree LED is committed to delivering innovative lighting solutions for horticulture and agriculture,... READ MORE

For most of history, humans used flames to generate light. Eventually, they discovered that a super-heated metal element in a light bulb could produce useful illumination, only for this technology to be superseded by the LED. One common featur... READ MORE