Harvatek to Boost Revenue in Q3 with IR LED and Consumer Electronics

Taiwanese LED manufacturer Harvatek Corporation is expecting a better performance for 3Q18 with its new production capacities in China and the steady orders of displays and consumer electronics products.


(Image: Harvatek)

Harvetek has worked with a Chinese LED firm to establish a joint venture in China last year and the company has started production in April with its first phase capacity. The facilities for the second phase capacity have been installed to expand the production for covering the cost.

The production of Harvatek includes notebooks, gaming products and mobile devices, accounting for 50 percent of its revenue. The company has reported orders of these products which will contribute to the revenue for the third quarter. In addition, IR LED products have been expected to grow.

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